I am in the middle of building a livecd for my amd64 machine, but I want to test it first in an emulator that emulates a 64 bit machine, does an emulator exist?
afaik qemu-system-x86_64 can use an accelerator such as kqemu perhaps even with -kernel-kqemu thus making it a virtualizer for both user and kernel code (qemu-0.8.1 + kqemu-1.3.0pre7 on 64bit host). This 64bit qemu target has a 32bit compatibility mode as well. If you have a 64bit host you must use this target even for 32bit guests.