Why does HP recommend that I keep Hardware Virtualization off?

There are several attack vectors from bad drivers that can utilize VT extensions to do potentially bad things. that's why the setting is usually in the "security" section of your BIOS UI.

additionally the smaller your instruction set, the more efficient the CPU runs at a very very low level (hence last decades interest in RISC chips). having it disabled allows the CPU to cache fewer instructions and search the cache faster.

http://en.wikipedia.org/wiki/Blue_Pill_%28software%29