I received some cbs.log file which points out the issue is due to corrupted WMI repository.
Searching around and I found the following blog which describes how to reset repository to the initial state when the OS was first installed. Please give it a try.
http://blogs.technet.com/b/askperf/archive/2009/04/13/wmi-rebuilding-the-wmi-repository.aspx
http://blogs.technet.com/b/askperf/archive/2012/02/03/wmidiag-2-1-is-here.aspx
P.S. here is the logs:
2012-11-26 23:21:44, Info CSI 00000014 Begin executing advanced installer phase 32 (0x00000020) index 8 (sequence 41)
Old component: [ml:318{159},l:316{158}]"Microsoft-Windows-WDF-Kernel Library, Culture=neutral, Version=6.1.7600.16385, PublicKeyToken=31bf3856ad364e35, ProcessorArchitecture=x86, versionScope=NonSxS"
New component: [ml:318{159},l:316{158}]"Microsoft-Windows-WDF-Kernel Library, Culture=neutral, Version=6.1.7601.17803, PublicKeyToken=31bf3856ad364e35, ProcessorArchitecture=x86, versionScope=NonSxS"
Install mode: install
Installer ID: {9f4ec79f-3a97-4772-b635-2899468900a2}
Installer name: [3]"Mof"
2012-11-26 23:21:44, Info CSI 00000001@2012/11/26:22:21:44.982 [70]"Install (Online) : Detected corrupt repository. Trying to Recover data"
2012-11-26 23:21:45, Info CBS Progress: UI message updated. Operation type: Update. Stage: 1 out of 1. Percent progress: 61.
2012-11-26 23:23:07, Error CSI 00000002 (F) Logged @2012/11/26:22:21:44.842 : [ml:100{50},l:98{49}]"MOF (install online) $(runtime.wbem)\Wdf01000.mof"
2012-11-26 23:23:07, Error CSI 00000003 (F) Logged @2012/11/26:22:23:07.010 : [ml:138{69},l:136{68}]"Install (Online) : WMI repository data recovery Failed = -2147024770"
2012-11-26 23:23:10, Error CSI 00000004@2012/11/26:22:23:10.926 (F) CMIADAPTER: Inner Error Message from AI HRESULT = HRESULT_FROM_WIN32(ERROR_MOD_NOT_FOUND)