Licensing requirement in VMs & downgrading WS2012 to WS2008

Question

Need clarity on few licensing requirements that we have -
Background - We have purchased WS 2012 SE licenses for one of our client. Few of client applications are supported only on WS 2008 environment. As per our setup, we had planned for few VMs alongwith physical servers. So the architecture will now be having
fewer downgraded servers running on WS 2008 and rest on WS 2012 or ALL downgraded on WS 2008 - as per the licensing requirement and our best fit to them - based on our understanding on the following :
Query 1 - WS 2012 SE comes with support of upto 02 VMs. Can we use 02 VMs + 01 Physical server through the same license ? or do we need to go on for more licensing ?
Query 2 - If we downgrade to WS 2008 - how many VMs it will support with the same licensing ?
Query 3 - Can we keep WS 2012 server on our base physical machines and run VMs on downgraded WS 2008 ?
Thanks in advance !

Answer 1

Hi Mate I think its allowed Check this. if I get more info I'll update you.
Read the Page 5
http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&ved=0CDwQFjAB&url=http%3A%2F%2Fdownload.microsoft.com%2Fdownload%2F7%2F7%2F0%2F7707E736-4557-4310-9709-87358F7E6D1A%2FWindowsServer2012VirtualTech_VLBrief.pdf&ei=rCJ_U4-CLIaS7Qa_x4GwCQ&usg=AFQjCNHVFeEE4c__48Pw3v1M8sHyxh27PQ&bvm=bv.67720277,d.ZGU
and
This
Q: If I want to use the software from an earlier Windows Server version or edition, what are my options?
A: If you have Windows Server 2012 R2 Datacenter edition you will have the right to downgrade software bits to any prior version or lower edition. If you have Windows Server 2012 R2 Standard edition, you will have the right to downgrade the software to use
any prior version of Enterprise, Standard or Essentials editions.
The ability to downgrade does not change the licensing or support terms in which you can use the product; the purchased product (Windows Server 2012 R2) rights apply. This means that the license will continue to cover two physical processors and the virtualization
rights do not change. In addition, the Client Access License (CAL) corresponding to the purchased version will apply, as an exception; if you are running a previous version of one of the eligible downgrades you can use the corresponding CAL version if one
exists.
Here are a few examples.
Purchased License
Downgraded version or edition
Bit rights that apply
Licensing rights that apply
Datacenter 2012 R2
Datacenter 2008
Datacenter 2008
Datacenter 2012 R21
Standard 2012 R2
Enterprise 2008 R2
Enterprise 2008 R2
Standard 2012 R2
1,2
Standard 2012 R2
Standard 2008
Standard 2008
Standard 2012 R2
1,2
Standard 2012 R2
Essentials 2012
Essentials 2012
Standard 2012 R2
1,2