Process1 Initialization Failed during Windows Repair

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Recently my computer has been performing very stangely (text disappearing from GUI and slowdowns) so I decided that I would do a Repair Installation to fix whatever problems there were. Well, I tried that, but after my computer reboots itself, I get a blue screen saying Process1_Initialization_Failed before Windows XP can do its reinstall thing. Any help on solving this problem while retaining hard disk information would be greatly appreciated.

-solusseraph
 
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