Its now possible to Install Mac OS X 10.7 Lion on your PC with the standard Hackintosh techniques. That means, everything stays the same to get your hackintosh up and running, no worries. More information on the geeknizer blog entry or alternatively, watch the video below:
Steps to install OSX Lion:
1. Get the "GM" (Golden Master) of Lion via torrent
2. Get an EFI Boot Loader
3. Get a decent 8GB USB thumb drive and install the Golden Master on there.
4. Install using iBoot.
You can get detailed information on installing Mac OSX Lion 10.7 by reading the geeknizer blog howto.
[UPDATE] tonymacx86 showed how to Install OS X 10.7 Lion on any Supported Intel Core 2 or Core i based PC with xMove + MultiBeast. Furthermore, there is a Mac OSX Lion v10.7.2-HOTiSO that should also boot from any PC. Don't forget that you need to buy Apple Mac OS X Lion from the App Store to legally use it.