I have this exact problem:
However the solution didn't work because I messed with the registry :-( I couldn't install Windows installer 3.1, so I couldn't update my repaired version of windows (which was working AWESOME, btw!) I set restore points and stuff "just in case" after messing with the registry per this thread:
I went into HKEY and messed with Permissions... a few websites had that fix... although it wasn't working for me. I'm assuming that this is the root of my not being able to load personal settings. My assumption could be wrong, obviously.
With my great luck at reinstalling the OS without wiping out any data, I chose to do that again last night, probably wiping out any restore points that were there, and when it finished and booted I ended up with the same 2 tone blue screen with the xp logo in the middle and the mouse working. It's right before "loading personal settings" would normally come on.
Please help. I feel like such an idiot. If I load the repair console is there a way to go back and change those permissions? Or any other ideas?
Thank you much.