you have not switched to legacy emulation yet
can you run any VM at all ?
please create a blankdirectory and create a vmx-file inside of it with this content:
config.version = "8"
displayName = "barebones"
floppy0.present = "FALSE"
guestOS = "winxppro"
hpet0.present = "TRUE"
ide1:0.present = "FALSE"
memsize = "512"
scsi0.present = "false"
virtualHW.version = "8"
can you run that VM ?