We would like to conduct iPhone application development training for students. However, it is very expensive to have a mac machine for all. We would like to setup a virtual environment on the PC to install and run mac OS so that development tools like XCode can run and basics of iPhone application development can be taught. We will we will invest in a couple of macs, iPhones and iPads so that students who want to try out their exercises on the real machine and deploy to real devices.
I have heard that this kind of a development setup is possible, but am not sure how and so would like to know if anyone has setup such an environment, how to do about doing it.