Ok, well since no one has helped i went out and solved the problem myself.
I made my own virtual machine that i'm running on VMware Player. Here's how i did it (first you have to have slax on a bootable usb, see first post on how to do that. These instructions work for XP machines, no idea about any others):
1. get a template (.vmx) file and an empty vmware player image (.vmdk) from Forever For Now
2. downloaded the slax
boot image (.iso)
3. download VMWare Player
4. Download all of those, install VMware Player. Place the .vmx, .vmdk, and the .iso all in the same folder name it whatever you want (named mine virtual slax)
5.open the .vmx in a text editor and edit the ide1:0.fileName so it reads ide1:0.fileName = "slax-boot-5.1.8.iso"
6. edit the usb.present = "FALSE" to "TRUE" and sound.present = "FALSE" to "TRUE" if you want sound in the virtual machine. Save the file and close it out.
7. Plug in your bootable USB, double click on the .vmx, SLAX boot disk should start. Make sure you click on the top window of the VMWare player to enable the persistent USB. If the SLAX boot hangs when it starts checking for USB devices then there's something wrong with the bootable USB
8. SLAX should boot up, log in, startx (if you like), and enjoy.
if you have problems doing this reply here and i'll try to help you along. Happy Hacking!