After installing VirtualBox 4.1.2 on Lion (OS X 10.7.1) host and running Windows 7 x64 guest from Boot Camp partition I have some troubles.
1) The first one is that guest VM sometimes freezes for several seconds. During this period, the VM does not respond to user actions and after freeze period all these actions are done. At the same time, the process named VirtualBox VM do not freezed in host OS, so this problem might be inside virtual machine not in the host.
2) WDDM driver does not work properly. Generally, it works but only a few seconds. After that dwm process is stopped and aero is not working. The troubleshooter detects that "Desktop Windows Manager is disabled".
So, the question is only whether someone have similar problems as me?
I would like to suggest developers to solve problems to make VirtualBox even better, especially first issue. I would also like to suggest providing Lion's full-screen app support to essentially improve user interface in OS X.