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Thanks everyone for the responses. I figured out the problem. It was the "end user" :)

The problem is caused due to the fact that there were two virtual hosts running simultaneously. In this case it was Hyper-V and Virtualbox. The problems is that BIOS will only allow the first virtual hosting service to use the Virtualization technology. Unfortunately in my case, that would be Hyper-V, since once it is installed is automatically started with Windows. I uninstalled the Hyper-V roll, and Viola! Fedora 17 installed without a hitch! Make sure that you only have one Virtual host installed -- it will save you a lot of headaches in the future! :)

Again thanks for the responses. I will archive them for future reference.