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Im running XS on Windows XP SP3, .NET Framework 4.0.3
The following updates are shown as downloaded and ready to be installed:
Gtk# For Windows v2.12.22
Xamarin Studio 4.0.12
Choosing to restart XS and install shows the error dialogue:
"WindowsUpdater.exe - .NET FrameWork Initialization Error
Unable to find a version of the runtime to run this application."
XP is no longer supported, so this can be closed.