Hi kyfalcon,
Since you are VGA...
Connector = VGA
Audio Settings = S
Video Settings = 1024 768/60
Architecture = i386
Extra Parameters = 0
TV Standard = 1024x768
Release = 710
Video Card = Standard Video
Sound Card= Standard Sound Card
Hardware Acceleration = xv
...try these settings/ update the MD and reboot.
Don't wory to much about the video settings...if you don't like them change them later if it comes up.
If it does boot up it might want to run its orbiter and this can take up to 10-20 minutes.