A small change that would help new users is to change the suggested Paths in the Paths Configuration dialog box.
Currently it suggests:
C:\Program Files\Android\android-sdk-windows\platforms\android-x
But given that Android cannot be installed in a location with spaces in the path, a better suggestion would be:
C:\Android\android-sdk-windows\platforms\android-x
It will be a good reminder of this requirement, and not reinforce a setup that will not work.