Virtual machine (VM) is an important mechanism to multiplex computer resources. The increasing popularity of network computing has renewed research interests in the adaptive and distributed virtual machines. Service migration is a vital technique to construct reconfigurable VMs. By incorporating mobile agent technology, VM systems can improve their resource utilization, load-balancing and fault-tolerance significantly. This paper focuses on the decision problem of hybrid mobility for load-balancing in reconfigurable distributed VMs. We tackle this problem from three aspects: migration candidate determination, migration timing and destination server selection. The service migration timing and destination server selection are formulated as two optimization models. We derive the optimal migration policy for distributed and heterogeneous systems based on stochastic optimization theories. Renewal processes are applied to model the dynamics of migration. We solve the agent migration problem by dynamic programming and extend the optimal service migration decision by considering the interplay of the hybrid mobility. Our decision policy is complementary to the existing service and agent migration techniques. Its accuracy is verified by simulations.