It is a fresh install of v11D. Once I try to update it to SP3 it fails with the error. Same with LiveUpdate which fails as well. I should probably open a new thread for this error. I checked the install log, it links to an article that says I need SP1, where do I get it or how can I get around this?
ERROR: PrepPatch failed with a value of 1602" is reported in the Backup Exec installation log while attempting to install a hotfix for Backup Exec 11d for Windows Servers revision 7170 using Symantec LiveUpdate
http://seer.entsupport.symantec.com/docs/301750.htm