Overheating is often the cause of this sort of symptom. What happens if you leave it off for awhile and try to restore the system? Can it boot into safe mode?
rubberman
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i used memtest86 for years ,but did not know you could install it on a computer ,only ever see it for making a boot cd ,how did you get it installed to run at bootup .
did you check you power supply ,it could be acting up .when you have the case open did you look around for swollen/leaky capacitors on the motherboard they look like this .
http://tinyurl.com/6p7jtq4
caperjack
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The Memtest86 apparently was into the Asus sys. I did not install it or even know it was there until the computer acted up.
ok, didn't ever see that in any computer before
caperjack
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The computer will boot to normal screen with bootable windows disk.
boot to the winxp cd and choose "R" to get to the recover console and run
"chkdsk /r" with out the "" ,and a space between the k and /
caperjack
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