The beta release of System Center Data Protection Manager 2010 is now available for download.
You can read more here:
And download it from here:
Key features that should be of interest to Hyper-V users are:
Protection of Live Migration-enabled servers running on CSV in Hyper-V R2
Flexibility to protect virtual machines from Windows guests or from the hypervisor host
Host-based backups will now enable single-item restores from within the VHD
Ability to restore virtual machines to an alternative host