I'm getting a different error, "Unable to locate the database file."
Has anyone encountered this, and possibly know a work-around?
Could having SQL Management Studio 2008 installed make a difference?
Nevermind, Run as Administrator in Win 7.
Now I'm getting the same error everyone else is getting. If I click Continue I can still view the model tree by clicking View, then Toggle Model List (or CTRL+M), clicking a model in the tree, then the "Render" button (looks like a TV) above the tree. Still buggy, however.