I am in the process of building a new desktop machine for work and fun. I am looking to run a undecided flavor of Linux (guessing Ubuntu) as my primary OS and several Windows installs with a Windows 7 install for .net development and gaming as virtualized environments.

From my previous experiences with virtualization software in Linux I was never able to find an application that offered descent video card support / graphic acceleration etc. to be capable of playing any games within one of the virtualized environments. And since I will be investing quite a bit of money into this system for gaming I would naturally want to find the best option available to achieve this setup.

So Onto my question: Is there any virtualization software available for Linux that has full video card support, graphic acceleration and capable of taking advantage of everything the video cards have to offer within the virtualized environments?

Or am I stuck with running Windows 7 as my primary OS and using virtualization for Linux and the other OS's?

Also I have no preference on open/closed source and price range would be up to $175.00 to support at least 3 virtualized environments.