So the Preview installer is a giant 8gig ISO, which Native Access downloaded. I mounted it and ran the installer by hand.
Oddly enough when doing it that way the suggested install location was the User Public Documents folder (instead of the directory I have configured in Native Access). But even more interesting is the suggest directory name was NBPL instead of the fully spelled out "Native Browser Preview Library" that Native Access forces you to use.
I pointed it to a drive with storage for 8gigs of previews and a shorter path. The install took awhile but completed without errors.
If you use the fully spelled out "Native Browser Preview Library" and put that at the root of a hard drive, the longest filename ends up being 253 characters long. Which is almost too long as it is. 260 is a hard limit but practically anything longer than 247 can be a problem. But if instead of "Native Browser Preview Library" you use "NBPL" that path ends up being only 227, which gives you enough room for a sub-directory or two and still stay under 260.
By installing it by hand and setting the install dir I put it in L:\Content\NBPL without any failures.