VMware Player 4.02 Could not find component on update server.

Installed VMware Player 4 today so I could start some development testing on a few applications.  Guest installs went well but afterward when trying to install the VMware tools, I ran into the following error:
 

Could not find component on update server. Contact VMware Support or your system administrator.

 
The following VMware community post has the downloadable ISO images for VMware tools for the guests of VMware player 4.02:
http://communities.vmware.com/message/1991234#1991234

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