You are right on everything you say.It just helped me to get VMWare Fusion to work on my Mac.
And it working well in my particular situation.
It maybe helpfull to someone.
Yes it was helpful in your situation and it may also be for some others but not necessarily all others and also I posted what I did because while it was a workaround solution in your particular case nonetheless I consider it to be an extreme workaround and should only be implemented if one only needs Bridged Networking and or another fix/workaround can be implemented that doesn't cripple the defaults.
I just wish it was possible to control the network settings on this level in VMWare userinterace.
With VMware Fusion 5 Professional there is a Virtual Network Editor in VMware Fusion's Preferences. So between that and the Virtual Machine's Network Adapter Settings GUI the same should have been able to accomplish without manually editing the networking file. If you don't have VMware Fusion 5 Professional then manually editing is the other native option however there is a third party tool out there that can do it also although I'd opt for manual editing if I didn't have VMware Fusion 5 Professional.
To awnser your question why i did not post the entire network settings is easy, i am just not allowed to do so.
In Corporate environments this is certainly understandable however if it was as I suspect an IANA IP Address in the 169.254.0.0/16 range (RFC 5735— Special-Use IPv4 Addresses) I doubt that it would have been an issue to report that. Again the reason for mentioning including relevant technical information when seeking help with technical issues to make it easier for those of us that help in these forums to do it more easily and as others read they hopefully will become aware that technical issues may need technical details to resolve more easily. I probably would have helped you when you first posted however I've been, and still am for another week, on vacation so I haven't responded to as many posts in the last two weeks as I normally would.
Disabling the network adapters like i did was the trick that helped me.It may help someone else.
It's always good to post what helped resolve an issue so others can benifite from it! 
For others having connectivity issues just remember in cases such as this, removing the defaults, it needs to be done with proper considerations.