It looks as if everything is OK. It takes the emulator a long(very) time to come up. I know at first I was not waiting long enough for it to come up. Read the appendix at the end of the book for some good hints on the emulator and eclipse.
If there is a problem, what happens and what are the error messages?
Hope this helps
"Software to the Stars"
Failure is not an option. It comes bundled with your Microsoft products.