Probably something else, but ..
Steps tried to resolve:
- Uninstall/Reinstall did not fix, /clean did not fix either
- Workstation 11 beta gives same error
- Run as Administrator
- Tried config.ini vmmon.disableHostParameters = “TRUE”
With the config.ini have you been careful with the quote symbol to use normal quotes "TRUE" and not the fancy quotes as in your post above?
As you already tried config.ini setting above you most likely have read the notes here already, but am linking it for others bumping into thread. Windows 8.1 October rollup KB2995388 and issue with Workstation 10
Also note that you might have to reboot after adding the config.ini file.
PS: There is no fix for this issue in Workstation 11 beta, so if installed for addressing this issue then it is expected as the fix will come with Workstation 11 release.
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I retried disablehostparameters and it no longer says not enough physical memory available. It is now giving another error about unable to allocate locked memory.