SCVMM Install Issue Error 2917

The network path  was not found on the xxxxxxx.zzzz.com server. Ensure that the share name provided maps to a valid local path, and then try the operation again.

ID: 2917. Details: The network path was not found (0x80070035)

The last entires in the log file are as follows:

9/21/2007 11:31:35 AM] Information : Create folder
[9/21/2007 11:31:35 AM] Information : Copy a file
[9/21/2007 11:31:35 AM] Information : Copy a file
[9/21/2007 11:31:36 AM] * Exception :  => The network path  was not found on the xxxxxxx.zzzz.com server.Ensure that the share name provided maps to a valid local path, and then try the operation again.Microsoft.VirtualManager.Setup.Exceptions.BackEndErrorException: exception ---> Microsoft.Carmine.WSManWrappers.WSManProviderException: exception ---> System.IO.FileNotFoundException: The network path was not found.
   at Microsoft.Carmine.WSManWrappers.MyIWSManSession.Invoke(String actionUri, Object resourceUri, String parameters, Int32 flags)
   at Microsoft.Carmine.WSManWrappers.WsmanAPIWrapper.Invoke(String actionUri, String url, Hashtable parameters, Type returnType, Boolean isCarmineMethod)
   --- End of inner exception stack trace ---
   at Microsoft.Carmine.WSManWrappers.WsmanAPIWrapper.Invoke(String actionUri, String url, Hashtable parameters, Type returnType, Boolean isCarmineMethod)
   at Microsoft.Carmine.WSManWrappers.AgentManagement.AssociateLibrary(WsmanAPIWrapper wsmanObject, String ServerName, String& ExportedCertificate, ErrorInfo& ErrorInfo)
   at Microsoft.VirtualManager.Setup.Wizard.Configurator.SetUpLibraryShareForCarmineAdmin()
   at Microsoft.VirtualManager.Setup.Wizard.BackEnd.ConfigureServer(Boolean upgrading)
   at Microsoft.VirtualManager.Setup.Wizard.VMInstaller.Configure()
*** Carmine error was: HostAgentBadSharePathname (2917); HR: 0x80070035
   --- End of inner exception stack trace ---
   at Microsoft.VirtualManager.Setup.Wizard.VMInstaller.Configure()
   at Microsoft.VirtualManager.Setup.Wizard.ProgressPage.InstallerThreadEntry()
*** Carmine error was: HostAgentBadSharePathname (2917); HR: 0x80070035
[9/21/2007 11:31:36 AM] *** Error : The network path  was not found on the xxxxxxx.zzzz.com server. Ensure that the share name provided maps to a valid local path, and then try the operation again.
ID: 2917. Details: The network path was not found (0x80070035)
[9/21/2007 11:31:36 AM] Information : Virtual Machine Manager Server installation has failed. To return the server to its original state, you must uninstall the Virtual Machine Manager server by using Add or Remove Programs in Control Panel. This will remove all files and components copied during installation.

For details, click the Error tab.

I have tried the suggestions in the troubleshooting guide but they have not helped. (The user Im loged in as a domain admin as well as being in the local admins group, I have joinded a workgroup then rejoined the domain).

If I check the Library share the install has created the VHD directory and added the two blank disk VHD's to it.

I noticed that in the error message "The network path  was" there are two spaces inbetween the words "path" and "was" as if it is trying to put a pathname in there but it is blank. Not sure if this is relevant or not.

I should also mention that the Server I am installing on was previously managed by the virtual machine  running the RTM VHD. This was turned off before the new install was attempted.

Any ideas on what might be wrong?