Call Manager VMWare and other equipment

What's the most recent version of CM VMWare, anyone know? I once saw CM 6 on VMWare on eBay for about $80, but is this too old to use now or prepare for the tests with?
Would some Cisco 7940 IP phones be sufficient for labbing, or are they hopelessly outdated now?
Would some Cisco 7940 IP phones be sufficient for labbing, or are they hopelessly outdated now?
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