I have done the obvious -- the USB driver was installed from the latest Android SDK, and USB debugging was turned on in the tablet.
When the Nexus 7 is connecte
PDANet driver was the only solution for me to successfully connect to Google Galaxy Nexus 4.2.1 on Windows 7 x64 which was rejecting/ignoring official USB drivers from the latest 4.2 ADK (revision 7) - http://junefabrics.com/android/index.php