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I had the same issue (Win 7 64 bit). Try running it in Windows XP SP2 compatibility mode + Administrator (elevated) privileges. Mine was also "hanging" for a while in the Task Manager, but eventually it came through.
You'll also want to edit your firewall to allow the program to access the internet. I don't know if this last bit solved the problem, but that's what I did and now the program works.
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