I have a post up on how I migrated my presentation VM to Azure:
Once sysprep was done, I needed to find a way to get the VMDK files converted to VHDs. A blog post turned me on to StarWind Software’s V2V Converter. It’s a free tool which allows you to convert virtual hard drive files from one format to another. Installing this tool let me turn my set of VMDKs into one 45GB VHD. One note is that, at least on my machine, I needed to run the V2V Converter from a command prompt; executing the app directly from the Start menu would cause the app to appear for a moment and then disappear, as though some error killed the program. The tool installs by default in “%programfiles(x86)%\StarWind Software\StarWind V2V Image Converter\StarV2V.exe” From there, I just needed to get that big image into Azure.
This VM is really a Plan C or Plan D for me, but it’s good to have layers of redundancy.