How do you migrate VMWare ESXi (free) installation and datastore to a new drive?
Solution 1:
Personally I don't see host profiles as being that big a factor for you. You're dealing with a single host with no licensed features (DRS, HA, etc). My opinion is that it's probably easier and faster to backup your VM's, rebuild the host, and restore your VM's.
This product simplifies the task of backing up and restoring your VM's and does it relatively quickly:
http://www.trilead.com/