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Make-a-bootable-mountain-lion-imageYou can also use /Utilities/Disk Utility to do the same thing, just launch Disk Utility, highlight the InstallESD.dmg and burn.Copy to Local DriveTo keep a separate image of the dmg, option drag a copy to your desktop, this will make a copy of the InstallESD.dmg leaving the original Lion app intact.Image to a Bootable External DiskTo make a bootable image to a drive instead of a disk, you need to do a restore in Disk Utility, select the InstallESD.dmg as the source and the disk volume as the destination. Enusure that the destination volume is correctly. Click “Restore”.
This post explains how to prepare a bootable mountain lion OS X 10.8 image (and ISO) for VMware from original dmg file. It can be used on Windows 7 with normal Intel based computer.