Okay, more troubleshooting has been done, 40 views - no response. I just purchased another USB wireless adapter - Tenda W522U and am having issues, different, but overall the same.
With the Tenda W522U adapter the VM detects the wireless USB adapter but I can not connect to any wireless networks, receiving errors such as, network is not in range anymore or just never fully authenticates(the wireless access point is right next to me and i've tried with and without security).
Overall Goal: Have my USB wireless adapter within my virtual machine connect to my other AP. Have been unsuccessful with Windows XP, 7, and Linux Ubuntu/Fedora.
Thanks!