I was having the same trouble as Peter. I checked taskmanager and no instance 
of VBoxSVC was running so I started it manually from within the installation 
directory. The GUI then ran fine so I tried to create a new virtual machine. I 
got through the whole process however when I click on finish the error message

Failed to create a new session

Callee RC: 
REGDB_E_CLASSNOTREG (0x80040154)

appeared and it wouldn't allow me any further. Just for the record, Virtualbox 
is installed under Vista and I'm trying to create a WindowsXP virtual Machine.


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