I'm getting the above error when trying to create a remote database to replace one which has become corrupted out in the field. We are running: Win 7 Professional Bit with ACT Premium 2010 Ver. 184.108.40.206 Hot Fix 1
I have looked at a July 2009 series of post covering the same problem and have tried the rebuild keys fix with no luck. The VM situation does not seem to apply to us here, unless I am mistaken.