I've started using VMware virtual machines for all of my software development projects and have a few questions for others doing the same thing.

First, how can you rename the virtual machine and the name of the virtual hard drive? I have a base development machine that I clone for different projects. I'd like to name the machine and it's hard drive according the the project (right now when I copy them via cut and paste, the file names remain the same and I can only organize them by putting them in a specific directory).

Second, what is the best way to back up a virtual machine? Is it possible (by breaking the virtual hard drive up into chunks instead of one big file) to get incremental backups working? It seems time machine always tries to make a copy of the whole thing which is time consuming because each virtual machine is around 30GB.

Finally, how slow would it be to have a virtual machine shared on an NFS mount on a wireless N network and used from multiple computers (but with only one person using it at a time.) Would it be more reasonable on a gigabit lan connection?

Thanks for your input! And please feel free to share any advice or wisdom about using virtual machines for software development and the best ways to speed them up!