Well problem fixed ... that repair option on the windows cd does wonders. Everything is back up .. when it first rebooted it started popping up messages that the system has recovered from a serious internal error (no doubt

) and then it shows it was caused by the video adapter and advises to set the hardware acceleration to none. Hardware accelaration was indeed set to max so I followed the instruction but I am not sure if something like that would cause windows to crash so seriously...
Is it going to slow the system a lot if hardware acceleration is set to none???