Itching to share your internet connection to your Android phone but you don't have a wireless router? Don't want to go through the process of modifying the wpa_supplicant file on the Android's system files and using an ad hoc network? Turn your laptop to a wifi hotspot! Do this by using Virtual Router, a software that creates a virtual wifi connection using your computer's wireless adapter, but requires Windows 7.
Get it here. http://virtualrouter.codeplex.com/
Install and run the software on your laptop.
Create a network.
Connect your Android phone!