spi
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I done with installation on XP SP3 memory 1024MB, harddrive C: 10GB and D: 4GB, Netframe 3.5 sp1, Netframework 2 | 3.5sp1 | 4, MSSQL2008 express on VM
installation take time if you not use genuine windows license.
MSSQL2008 express requiered windows power shell and if you doing installation from microsoft website it will check your windows genuine.
and I also have the problem with installation fails prematurely… but it solve after install the power shell and reinstall MSSQL2008 express.