Spent the better part of the day trying to get it to work in Workstation 10.0.2.
The steps here are correct.
You need tools first, then copy the files you need, then vmx edits because after that Tools will be "disabled". I removed any devices I didn't need. You can fix it if you go out of order.
Yet for some reason it was still crashing.
I uninstalled workstation 10 and ran the VM in Player (the free version off VMWare's site). It is now working reasonably well, 60 fps both games (VM on lowest settings possible). Still some hiccups and crashing, but not complete VM freezing. Sometimes the simpler product just wins.
Very CPU intensive, use exactly 2 cores for the VM, and you better have a quad core cpu. I gave it 4GB RAM. Strongly recommend closing Glyph after Archeage is open because that program can eat half the CPU on the machine (seriously, wtf lol). You need all the CPU you can get to remain stable. I'm on a i5-2500k clocked at 4.2Ghz, (42x100Mhz, 1.38Vcore) it's been stable for a few years.
Mouse is still fucked up but I'll take it.