Here is a very nice write-up. This blog, like others, seemed to hint that this will only work if both system are "Ultimate" or "Enterprise", however, it worked well for me and my remote system was "Professional"
http://www.techrepublic.com/blog/windows-and-office/use-multiple-monitors-with-windows-7s-remote-desktop-connection/
One key not mentioned in the above link is to run the remote desktop app in /span mode, which seems to mean starting it in a cmd window with this command:
mstsc /span
This link goes into setting up the two monitors to be identical in size:
http://www.splitview.com/using-remote-desktop-with-dual-monitors-in-span-mode
Here's the same info from M$:
http://answers.microsoft.com/en-us/windows/forum/windows_7-networking/windows-7-remote-desktop-with-multi-monitor/6bf0d5e3-644f-404e-baaf-ff2085e1c2c2