Here's something that I discovered whilst trying to figure out why I could only start some VM's and not others on an ntfs3g volume.
# cat ntfs3g.txt
If you are running your Virtual Machine on an ntfs3g formatted volume and you encounter the following error:
VMware Player unrecoverable error: (vcpu-0)
Failed to allocate page for guest RAM!
A log file is available in "vmname.log". Please request support and include the contents of the log file.
To collect data to submit to VMware support, run "vm-support".
We will respond on the basis of your support entitlement.
Try adding the following line to your VMX (configuration file):
NOTE: replace vmname with the name of your Virtual Machine.
I found this out from the following VMware Communities forum thread here