How to set up the create android device options

In Eclipse, with Android Device Manager menu for setting emulation framework according to these procedure https://developer.android.com/training/basics/firstapp/running-app.html, I get following error

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I have config this way.

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What should i use as CPU/ABI ? With Nexus 7, default is RAM 1024. Why is there the error message then ?

This is not working either

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Solution

The warning is there because you are trying to emulate MORE than 768MB of RAM, so you might want to set it to 768 or 512. Also the CPU looks good.