Sorry I didn't plan this post and you will find some installation screenshots missing, but I think I should post this anyway!
My QuadCore System specs:
Intel Q6600 Quad Core Processor
Asus P5Q-E MOBO
Corsair XMS2 2GB dual channel RAM
OS: Genuine Windowx XP SP3 (yes its xp still!)
Virtual Box (Yes, virtual pc 2007 will not support a 64 bit OS on windows xp)
Virtual OS: trial edition of Windows Server 2008 R2
RAM ALLOCATED: 1280 MB (Yes, sharepoint 2010 worked with this memory in a vm!, tho cpu usage is always 99%-100%, I was able to run it and test it out)
This was to do with the system specs. Now here I'm pasting screenshots of how the installation procedure went. I got one or two errors regarding some missing hotfixes on the system, which I googled and installed.
So not to keep you waiting, here are the screenshots:
So finally I was able to install it on a vm with not so much RAM. I'll be posting updates regarding my encounters with SharePoint 2010 very soon!