Namecoin: This transaction requires a transaction fee...But I have NMC When I am attempting to reserve a name using the command:

namecoind.exe name_new d/

I keep getting this error...
error: {"code":-4,"message":"Error: This transaction requires a transaction fee of at least 0.005 because of its amount, complexity, or use of recently received funds "}

However, I have more than .005 in my namecoin wallet, that I am attempting to register from. I have .01 in fact. 

What is going on here?
You have enough to reserve the name (the .01 network fee) but then not enough to pay the transaction fee. If you wait a day or so for the coins to age, it might work.