Great tool for doing this
vfuse
https://github.com/chilcote/vfuse
Note that if your going to upload this to ESXi 5.0 or you want to be able to edit the VM in the old console you need to set the VM to use an Pre Allocated disk ( -e ) and a VM version of 9 ( -w 9 )
Also you will need to change any data device to either scsi for HD or IDE for CDROM and then edit the .vmk file and remove all sata references, otherwise VMWare Fusion will not upload the VM