HOWTO: Access Windows 7 host files from Ubuntu guest on VirtualBox

I wanted to set up a Linux box with Python 2.7 to learn Robot framework. I use Python 3.3.2 in my Windows 7 64-bit development machine, and I did not want to disturb that setup. So I decided to set up a Linux VM using Oracle VM VirtualBox. I installed VirtualBox and created a VM
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