HAL_INITIALIZATION_FAILED Error when install Windows 8 Developer Preview on VPC

When you install the Windows 8 Developer Preview on Virtual PC in 64-bit windows. Your installation would fail with the blue screen of sad:

: (
Your PC ran into a problem that it couldn’t handle, and now it needs to restart
You can search for the error online: HAL_INITIALIZATION_FAILED

Windows Developer Preview is not supported as a guest OS on Windows Virtual PC or on Microsoft Virtual PC 2007.  If you want to run Windows 8 Developer Preview as a virtual pc, use one of following supported virtualization software.

• VirtualBox 4.1.2 for Windows
• Hyper-V in Windows Server 2008 R2
• VMware Workstation 8.0 for Windows

Here are a few good resources I found for windows 8 setup.

• Windows 8: An installation walk-through
• Guide to Installing and Booting Windows 8 Developer Preview off a VHD
• How to Install Windows 8 in VirtualBox