http://www.vmware.com/products/ace/

"With VMware ACE, security administrators package an IT-managed PC within a secured virtual machine and deploy it to an unmanaged physical PC. Once installed, VMware ACE offers complete control of the hardware configuration and networking capabilities of an unmanaged PC, transforming it into an IT-compliant PC endpoint."

I seem to recall the NRA getting in a fury over people trying to outlaw guns in the U.S. because only a "minority" of gun-owners actually shoots people or commits crimes. Thus, guns are totally legal here today. Much of the U.S. Bill of Rights is based on protecting the minority from majority opinion. I think that trying to make mod-chips illegal hurts the minority of modders over the majority of piraters: it's still not a good solution.