Can I completely hide toolbar in VMware Workstation?

Took me a little searching to find the answer to this because I didn't want to change the position of my screens. If you go to Edit > Preferences > Display > Uncheck "Show toolbar edge when unpinned in full screen" you'll be all set!

For VMWare Player users, you can edit the preferences file at

%APPDATA%\VMware\preferences.ini

and add:

pref.vmplayer.fullscreen.nobar = "TRUE"

Go fullscreen, then select View -> Exclusive Mode from the menu.

You can press the host key (default Ctrl+Alt) to get out of it.