The Configuration Wizard steps through the process of configuring a virtual machine. In most cases, the Configuration Wizard provides appropriate default settings for a virtual machine.
While the Configuration Wizard is the easiest way to define a new virtual machine, the Configuration Editor must be used to modify an existing configuration.
The configuration settings for a virtual machine are stored in a configuration file (.cfg). By default the wizard creates a configuration file and other data files, such as a virtual disk file (.dsk) and a BIOS nvram file, in a common directory. The wizard configures the location in which these files are stored.
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