Stuck on Updating setup files

Mac Technical Support
I'm attempting to install FROM A RETAIL CD. And I'm stuck on "Updating setup files". I've attempted to clear the cache. Attempted to install from the package contents. It just hangs.....

Tech specs:
3.06 GHz Intel Core 2 Duo
OSX 10.7.4
4GB 1067 mHz Ram
Well butter my ball sack!

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