I would like to second Pers0n's request - for the very same reasons - i.e. installing VL 7.0 will not succeed on my system (Windows 7 host)
Cheers and hope!
I'm having the same problem I tried the Vector Linux 7.0 Std Gold in VMware Player and VMware Workstation 8.0 and on both systems after it asks for your resolution and reboots it suddenly can't find the operating system on your I.S.O. This is very odd for a VM to do. If others are having the same problem, perhaps once a way around this is found, someone can offer a Vmware disk.
I read someplace there was an issue with an older version of Vector where you had to skip the resolution config at install. I can cancel it but it doesn't resume installing. I'll keep trying. If anyone does get this issue and finds a way around it, please post it.