General failures (including EC 1603) installing

I'm just gonna list the general roadblocks that I keep running into trying to get this tool up and running.

1. Downloaded and install INDE hub tool on my laptop, it installed but I didn't know what I needed to do it's just a bunch of squares with download buttons. So I start with compiler, get it downloaded and try to install it, oops it won't completely install without the vs.Android tool installed. Do some research, looks like maybe that comes from the Environment Setup tool, so try downloading and installing that. It wants to install a bunch of Android stuff, looks right, oops one of the packages requires 4GB of memory and I don't have that, guess I can't use this laptop, wish I'd have known that before I spent all this time downloading stuff, did I mention that I have a < 2Mb internet connection. 

2. Try using my work laptop it's got plenty of RAM, download the hub tool, this time I download the Setup Environment widget first. Opps it wants to know where the JDK is, guess I'll have to go install that, download JDK1.7.0_55 install it to c:\java\jdk1.7.0_55 and the jre to c:\java\jre7. Restart the Setup Environment widget and tell it that the JDK is at "c:\java\jdk1.70_55" (I hope that's what it wanted to know). By default it wants to install everything but the 64bit version of the Android NDK, I've got a 64bit system but the defaults are probably correct so I go with it. It starts installing "Component 1 of 9: Android Development Tools (ADT Bundle)", I think it gets through a couple more and I get the dreaded 1603 error in setup_vsPlugin.msi installer (see attached image), guess I'm stuck here too.

3. Lets try a VM, spin up a Win7 IE11 evaluation/test image from MS in VirtualBox. Download INDE hub setup, setup goes OK try to launch it... no dice it just silently crashes. I checked out the windows event log and I see that crashed due to a unhandled System.IO.FileLoadException exception. I tried a bunch of other things like enableing/disabling 3D acceleration, installing VisualStudio, installing JDK, still no dice. 

Furthermore, while I was researching my issues I discovered the thread in this forum that states that only MS Dev Studio 2012 Pro/Ultimate is supported which I don't have. No way am I going to spend close to $500 on an obsolete version of Dev Studio to evaluate this tool. 

What do I do now? 

Matt S.