I used VMware Workstation 7 to test this.
The BackTrack kernel sources are already in place, so all that’s left to do is install BackTrack in VMware and start the VMware tools install. BackTrack uses up around 5 GB once installed, so plan accordingly.
mkdir /mnt/cdrom
mount /dev/cdrom3 /mnt/cdrom
cp -rf /mnt/cdrom/VMwareTools-7.8.5-156735.tar.gz /tmp/
cd /tmp/
tar zxpf VMwareTools-7.8.5-156735.tar.gz
wget www.offensive-security.com/tools/vmware-tools-patch-backtrack4-7.8.5-2_6_29.tar
tar zxpf vmware-tools-patch-backtrack4-7.8.5-2_6_29.tar
./vmwaretools.sh