Process preview window

Question

I am looking to create a preview window in a form that I have that will display a running process. It's much that same as the preview window when selecting a screensaver in Windows. Basically I want to have a preview button that will display the running process in a preview window on my form and then be able to adjust parameters and see the results of this on the process. Does anyone have any ideas on how to do this, just the getting the process to display in a preview window part. Thanks