When attempting to configure the Business Data Catalog for use with MOSS Enterprise Search, it can be quite common to get this message when you try crawling for the first time. The cause is actually pretty simple, but I figured I would give some troubleshooting
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Read the complete post at http://feeds.feedburner.com/~r/CoreysDotNetTipOfTheDay/~3/290216264/error-the-parameter-is-incorrect-access-denied-by-bdc.aspx