Well, this one is easy. Just move it to any place you like. Once transferred, you need to tell your Eclipse where the new location is located so that all succeeding module installations will be placed there.
In your Eclipse environment, go to Window > Preferences > Android.
So you finally ran AndroVM. Now you want to use it to replace the clunky and resource hogging Android emulator with your Eclipse GUI.
To do so, make sure you know the IP address of your Android virtual machine. The default is 192.168.56.101. But if you want to change the default IP address, here is where you can find it.
In Oracle VM VirtualBox, go to File > Preferences > Network
Click on the label on the right that says Virtual Host-Only Ethernet Adapter
Click the 3rd icon that looks like a screw driver
Under the DHCP server tab, look at the Lower Address Bound
That is the IP address of the virtual machine. See photo below for a screenshot.
Now, once you have the virtual machine up and running, to link it to Eclipse so that it will use that as your test environment when running your apps, open MS-DOS prompt.
Go to where your Android sdk is installed. I installed mine in c:\program files\Android\android-sdk\platform-tools
Then type adb connect 192.168.56.101.
You will know if connection was successful by typing adb devices. Your IP address should be there.
Now in Eclipse, when you deploy your app, do the following:
Right click on the project name, choose Run As > Run Configurations
Go to Target tab and select Always prompt to pick device.
Click Apply button
Once you deploy your Android app, a popup window will show first giving you a list of Android related devices running (your virtual machine included).