wget http://download.virtualbox.org/virtualbox/3.2.8/VirtualBox-3.2-3.2.8_64453_rhel5-1.i386.rpm
rpm -i http://download.virtualbox.org/virtualbox/3.2.8/VirtualBox-3.2-3.2.8_64453_rhel5-1.i386.rpm

error: Failed dependencies:
    libGLU.so.1 is needed by VirtualBox-3.2-3.2.8_64453_rhel5-1.i386
    libSDL-1.2.so.0 is needed by VirtualBox-3.2-3.2.8_64453_rhel5-1.i386
    libXmu.so.6 is needed by VirtualBox-3.2-3.2.8_64453_rhel5-1.i386


yum install mesa-libGLU SDL libXmu
rpm -i http://download.virtualbox.org/virtualbox/3.2.8/VirtualBox-3.2-3.2.8_64453_rhel5-1.i386.rpm

warning: VirtualBox-3.2-3.2.8_64453_rhel5-1.i386.rpm: Header V4 DSA signature: NOKEY, key ID 98ab5139
Preparing...                ########################################### [100%]
   1:VirtualBox-3.2         ########################################### [100%]

Creating group 'vboxusers'. VM users must be member of that group!

No precompiled module for this kernel found -- trying to build one. Messages
emitted during module compilation will be logged to /var/log/vbox-install.log.

Compilation of the kernel module FAILED! VirtualBox will not start until this
problem is fixed. Please consult /var/log/vbox-install.log to find out why the
kernel module does not compile. Most probably the kernel sources are not found.
Install them and execute

  /etc/init.d/vboxdrv setup

as root.

*We need our kernel source

yum install kernel-devel

/etc/init.d/vboxdrv setup

*Oops it failed again, I didn't have GCC installed :)