Answers to above...
1. Yes - looked at it...followed all the pre-reqs.
2. Yes, installed as Administrator
3. No messages about port 80. I have two VMs - one with just .NET 3.5.1 installed and one with IIS fully disabled
4. Uninstalled and re-installed a couple of times.
This is part of the Java VM - a secondary message in the Event Monitor was what indicated that the JVM failed, but he Service Manager still indicated it being running.
Would this be a CLASSPATH issue? Do I need to explicitly set that in the Environment variable section? I will set it, point it to the path of the JRE and see if that helps.
Any other ideas?