This document summarizes a hangout on firewalls and virtualization. It discusses types of virtualization, virtual networking options like bridged, NAT, and host-only, and considerations for virtualizing firewalls in production and for testing. Virtual networking is demonstrated for VirtualBox, VMware, ESX, and Hyper-V. While virtual firewalls can work well, having a physical firewall manage the virtualization environment is recommended. Performance and high availability considerations are also covered.