I created a 32-bit on this same machine (it is Win7 64-bit) for ACADE just fine. When I went to do a 32-bit Product Design suit 2012 it errors out? I get to the screen where you enter the name of the deployment and change it to 32-bit. As soon as I do it gives me the attached error. I can change it back to 64-bit and it works fine.
With that said I am currently having a issue gettting 2013 to create a deployment. ADSK support is working on that, I am not sure this is realted though...
I did 2012 Factory Design Suite 32-bit and it worked fine. Just PDS giving me problems...
Do not use drive letters and this often causes problems. Your deployment pathing should use UNC paths (i.e. \\servername\sharename)
Good luck!
I am trying to put it on a portable harddrive... How do I get around Drive Letters for this?