Uh...and that is the exact codes I am using in my httpd.conf file and it works just fine.

The problem is in the codes you posted above, you are using * rather than the non-routable IP address of 127.0.0.1.

Also, make sure that you rem out NameVirtualHost by making sure you have the following codes:

# Use name-based virtual hosting.
#
# NameVirtualHost *

in the httpd.conf file.

Also, if you start Apache from the command prompt, you will see an error message, also look in the error logs (which is easily linked from your Start/Programs/Apache option).
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Buh Bye!

Cheers,
Me