I have a Windows Server 2008 64-bit server that I use Hyper-V for virtualization. Actually, I have about four of these. For some reason, on one of them I cannot do MS Update. Get error 8024402F. I can access the Internet from that server so I know that works. It's going through the same proxy server for Internet access as all my servers so I don't believe that's a problem.
I did a search on that error and have tried:
1) Deleting Temp Inet Files
2) Renaming the SoftwareDistribution folder