VMWare Server: Cloning a virtual machine in vSphere fails with the error Number of virtual devices exceeds the maximum for a given controller

I just happen to clone one new virtual server, but unluckily got this error.
Cloning fails at approximately 90% on the vSphere client with an error message:
 
Number of virtual devices exceeds the maximum for a given controller

Solution:
This issue occurs when the following check box is selected as a cloning option in vCenter 4.0 and vCenter 4.0 Update 1:

Edit Virtual hardware (Experimental) To resolve this issue, clone the virtual machine again, without selecting the Edit Virtual hardware (Experimental)option. 

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