Warning: Latest OS X updates causes issues with Fusion 5.0.x!

On the VMware VMTN Forums it is reported that VMware Fusion 5.0.x in combination with the latest OS X updates (MacBook Air and MacBook Pro Update 2.0) causes virtual machines to crash. This is reported in the following threads:

• http://communities.vmware.com/thread/425117
• http://communities.vmware.com/thread/425153
• http://communities.vmware.com/thread/425010

The error encountered is:

VMware Fusion has encountered an error and has shut down the virtual machine.

You can simply solve this as mentioned by Darius:

In the meantime, please try this: With your VM powered off, go into the Virtual Machine > Settings, then choose Display, and turn off the Accelerate 3D Graphics option.  Then close the Settings window and try to power on your VM.