New
#100
I got the registry hacks from this webpage: ESD to ISO - Create Bootable ISO from Windows 10 ESD File
Look under tips in the yellow blurb and you should what things you have to change.
Hope this helps!
Just to make your frustration even clearer, I had the same issue: stuck with default settings (UUP enabled) and after 3 hours+ of waiting at "Initializing updates or whatever", I got fed up and enabled ESD through the registry changes mentioned above. Now, after just waiting 46 minutes, my VM is ready to restart to install the latest build! Huh!