Can not create IPSec tunnel between 2 cisco routers.

I have read through previous topics, but no luck, unfortunately.

This is what I get in debug messages

*May 18 04:44:02.711: ISAKMP: received ke message (1/1)
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): SA request profile is (NULL)
*May 18 04:44:02.711: ISAKMP: Created a peer struct for 192.168.150.8, peer port
 500
*May 18 04:44:02.711: ISAKMP: New peer created peer = 0x634D2614 peer_handle = 0
x80000009
*May 18 04:44:02.711: ISAKMP: Locking peer struct 0x634D2614, IKE refcount 1 for
 isakmp_initiator
*May 18 04:44:02.711: ISAKMP: local port 500, remote port 500
*May 18 04:44:02.711: ISAKMP: set new node 0 to QM_IDLE
*May 18 04:44:02.711: ISAKMP: Find a dup sa in the avl tree during calling isadb
_insert sa = 635974D0
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0):Can not start Aggressive mode, trying M
ain mode.
*May 18 04:44:02.711: ISAKMP: Looking for a matching key for 192.168.150.8 in de
fault : success
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0):found peer pre-shared key matching 192.
168.150.8
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): constructed NAT-T vendor-07 ID
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): constructed NAT-T vendor-03 ID
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): constructed NAT-T vendor-02 ID
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0):Input = IKE_MESG_FROM_IPSEC, IKE_SA_REQ_MM
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0):Old State = IKE_READY  New State = IKE_I_MM1

*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): beginning Main Mode exchange
*May 18 04:44:02.711: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_port 500 peer_port 500 (I) MM_NO_STATE...
*May 18 04:44:08.135: ISAKMP:(0:0:N/A:0):purging node 1507012599
*May 18 04:44:08.135: ISAKMP:(0:0:N/A:0):purging node -746186383..
*May 18 04:44:12.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE...
*May 18 04:44:12.715: ISAKMP:(0:0:N/A:0):incrementing error counter on sa: retra
nsmit phase 1
*May 18 04:44:12.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE
*May 18 04:44:12.715: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_por
t 500 peer_port 500 (I) MM_NO_STATE
*May 18 04:44:18.135: ISAKMP:(0:0:N/A:0):purging SA., sa=633031E4, delme=633031E
4
*May 18 04:44:22.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE...
*May 18 04:44:22.715: ISAKMP:(0:0:N/A:0):incrementing error counter on sa: retra
nsmit phase 1
*May 18 04:44:22.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE
*May 18 04:44:22.715: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_por
t 500 peer_port 500 (I) MM_NO_STATE
*May 18 04:44:32.711: ISAKMP: received ke message (1/1)
*May 18 04:44:32.711: ISAKMP: set new node 0 to QM_IDLE
*May 18 04:44:32.711: ISAKMP:(0:0:N/A:0):SA is still budding. Attached new ipsec
 request to it. (local 192.168.208.88, remote 192.168.150.8)
*May 18 04:44:32.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE...
*May 18 04:44:32.715: ISAKMP:(0:0:N/A:0):incrementing error counter on sa: retra
nsmit phase 1
*May 18 04:44:32.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE
*May 18 04:44:32.715: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_por
t 500 peer_port 500 (I) MM_NO_STATE
*May 18 04:44:42.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE...
*May 18 04:44:42.715: ISAKMP:(0:0:N/A:0):incrementing error counter on sa: retra
nsmit phase 1
*May 18 04:44:42.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE
*May 18 04:44:42.715: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_por
t 500 peer_port 500 (I) MM_NO_STATE
*May 18 04:44:52.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE...
*May 18 04:44:52.715: ISAKMP:(0:0:N/A:0):incrementing error counter on sa: retra
nsmit phase 1
*May 18 04:44:52.715: ISAKMP:(0:0:N/A:0): retransmitting phase 1 MM_NO_STATE
*May 18 04:44:52.715: ISAKMP:(0:0:N/A:0): sending packet to 192.168.150.8 my_por
t 500 peer_port 500 (I) MM_NO_STATE
*May 18 04:45:02.711: ISAKMP: received ke message (3/1)
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):peer does not do paranoid keepalives.

*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):deleting SA reason "P1 delete notify (i
n)" state (I) MM_NO_STATE (peer 192.168.150.8)
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):deleting SA reason "P1 delete notify (i
n)" state (I) MM_NO_STATE (peer 192.168.150.8)
*May 18 04:45:02.711: ISAKMP: Unlocking IKE struct 0x634D2614 for isadb_mark_sa_
deleted(), count 0
*May 18 04:45:02.711: ISAKMP: Deleting peer node by peer_reap for 192.168.150.8:
 634D2614
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):deleting node 1666773402 error FALSE re
ason "IKE deleted"
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):deleting node -343583585 error FALSE re
ason "IKE deleted"
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):Input = IKE_MESG_INTERNAL, IKE_PHASE1_D
EL
*May 18 04:45:02.711: ISAKMP:(0:0:N/A:0):Old State = IKE_I_MM1  New State = IKE_
DEST_SA

*May 18 04:45:52.711: ISAKMP:(0:0:N/A:0):purging node 1666773402
*May 18 04:45:52.711: ISAKMP:(0:0:N/A:0):purging node -343583585
*May 18 04:46:02.711: ISAKMP:(0:0:N/A:0):purging SA., sa=635974D0, delme=635974D
0


These are configs of both routers:

1. crypto isakmp policy 100
 encr 3des
 hash md5
 authentication pre-share
 group 2
crypto isakmp key ******** address 192.168.150.8 255.255.255.0
no crypto isakmp ccm
!
!
crypto ipsec transform-set trans esp-3des esp-md5-hmac
!
crypto map vpnmap 100 ipsec-isakmp
 set peer 192.168.150.8
 set transform-set trans
 match address vpn

ip access-list extended vpn
 permit ip 192.168.240.0 0.0.0.255 192.168.241.0 0.0.0.255
 permit ip 192.168.241.0 0.0.0.255 192.168.240.0 0.0.0.255
---------------------
2. !
crypto isakmp policy 1
 encr 3des
 hash md5
 authentication pre-share
 group 2
!
crypto isakmp key ****** address 192.168.208.88 255.255.255.240
!
!
crypto ipsec transform-set 3des-md5 esp-3des esp-md5-hmac
!
crypto map VPN_SW_208 1 ipsec-isakmp
 set peer 192.168.208.88
 set transform-set 3des-md5
 match address 101
!
interface Loopback240
 ip address 192.168.240.1 255.255.255.0
!
!
access-list 101 permit ip 192.168.241.0 0.0.0.255 192.168.240.0 0.0.0.255

It looks like there is a problem with IKE phase 1, but can not get a solution for it.

Thank you in advance!