Running a Windows 7 guest via VirtualBox on OSX Lion, I noticed that the guest VM would periodically freeze up. The freezes occurred once every few minutes and would unfreeze within half a minute. It was quite annoying and after many months of back-and-forth on the VirtualBox forum, it seems like there is a solution . The solution is to use the Chipset PIIX3 (instead of ICH9) in the virtual machine's motherboard settings
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