I found a fix to my Access Denied error! Depending on your OS/Computer the fix may be slightly different, here is what worked for me:
-Right click on Computer (or My Computer) and go to Properties.
-For me (windows 7) I scrolled down to the section titled, 'Computer name, domain, and workgroup settings' and click Change settings
-Go to the advanced tab, and click on Environment Variables...
-In the System variables field, find the variable named 'Path'. Select it and click edit. -This should be a long string of directories from C:\ each separated by a semicolon. Make sure that C:\Windows\system32 is present.
-If not add ;C:\Windows\system32 to the string, and BAM! No more access denied!