A few things:
- First back up all your data on an external storage device.
Partition your hard drive with gparted or some other tools.
a) You need at least one partition for each different distro.
b) I would recommend having a addition partition for your documents and for a swap.
c) Make sure those last two are usable by each distro.
Edit your grub files:
a) If you have the last distro you install set the MBR.
b) Then you should be able change the Grub config file at /etc/default/grub and then run update-grub.
c) You should be able to run "less /boot/grub/grub.cfg" to see what each of your distros grub menus looks like in those distros.
d) You should be able to add any menu entries that aren't in the grub controlling distro's grub.cfg file from the grub.cfg of your other distros into the main etc/default/grub and run update-grub.
The menu entries will look something like this.
menuentry "Memory test (memtest86+)" {
insmod ext2
set root='(hd0,6)'
search --no-floppy --fs-uuid --set 7c83a11e-2597-4161-bbd4-107b4930a669
linux16 /boot/memtest86+.bin
}
*This assume's GRUB is your bootloader, which I believe is fairly constant in Unix systems.
The benefit to doing this approach as opposed to a VM approach is that it each distro should run faster once this is set-up then they would on a virtual machine running on top of Windows. Also, if some thing goes wrong with any of your distros, all you other distros will still be bootable unless grub is some how messed up. With the VM method if Windows becomes unbootable, all your VMs will be unbootable. Any individual distro can be easily re-installed or replaced. You will also no that if something goes wrong it is a Linux/Hardware issue and not a VM issue.
The benefits I can see from the VM side of things is that switching between distros would be quicker, and I also assume that installing might also be quicker, but I don't believe this is worth Windows slowing down your Linux. I assume since this is an old laptop, you have a newer Window's machine.
I hope my comments are helpful.