Please ensure your PC supports hardware virtualization. Most PCs bought in the last three years do. However even some Quad Cores don't. See the PC magazine article http://www.pcmag.com/article2/0,2817,2346464,00.asp or http://www.microsoft.com/windows/virtual-pc/support/configure-bios.aspx for more information.
Also GRC's free securable application can be used to check that Hardware Virtualization is available for the system processor.

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