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I fixed my issue by flashing the latest Beta BIOS for my motherboard. Took me almost a full day of troubleshooting and looking online and repeating the same steps over and over again, but then almost on a whim I decided on flashing the Beta BIOS (no mentions of virtualization in the changelog, so I didn’t really have reaaons to) and now Android Studio finally simulates the Android device. Thanks for your help!
Aren’t there ways to patch the whatever-it-is that is “required” by W11 that older PCs don’t have so that you can bypass the check and have W11 on older machines? I feel like that’s a better solution than paying for Microsoft’s garbage, if one was bent on not moving to Linux