Sorry, but I can only confirm that the "C:\Progra~1\MI9A48~1\MICROS~1\FSDREA~1\couatl\couatl.exe
The NTVDM CPU has encountered an illegal instruction." message, can only be caused by these two things:
1) Having a compatibility mode enabled
2) Not having properly configured the antivirus, see this thread for confirmations: both users fixed it by configuring the antivirus:
http://www.fsdreamteam.com/forum/index.php?topic=2284.0