After many hours of trying and reading I finally stumbled across an article that described my problem and solution.
Thanks very much Edward http://microsoftdevguy.blogspot.com/2011/05/sharepoint-demo-image-gets-error.html
It seems that trying to follow the MS Install guide didn't quite work and after you successfully run the image, the only site you can hit is CA. After following Edwards article and just using a Bridged Adapter and an available IP address in the Host networks range, then modifying the Guest adapter and DNS entries, viola! Magic!