I've had hit or miss luck with PXE in Workstation 9. One thing I discovered that seems to be important is the type of network card VMware is emulating. PXE works best on the Intel e1000. This setting gets set in the vmx file, it used to be available in the GUI but at some point they decided to hide it. I also discovered that I had better luck when I had my OS type set to Windows 7 x64 (which matched the installed OS) instead of just Windows 7. The strange thing is it had worked once or twice and then stopped.
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