Yeah, its caused from a previous virt drive, cause I had daemon tools, uninstalled it, and recently reinstalled and noticed that my virt drive for it is F and it was still there even though i had deleted it.
Run the install until the error comes up. let the program close, and restart your computer, your virt drive will be gone and set up should begin with out any probs
And if the icon does not show up by your clock alt+ctrl+del and bring up your task manager, and remove daemon.exe, then click on the daemon tools icon on your desktop and it should load on your bar next to the clock.