Thanks for your help on this.
All of this started when I could not get PDF files to be read anymore with any version of Adobe Reader.  I also could not get Quicktime files to play.  My DVD player would freeze the computer at times.  Having owned computers for many years and doing various backups and driveimages, I had not done this for several months.
I have on multiple occasions on various computers running various versions of MS over the years reinstalled Windows by doing an update and not losing any information.  Consequently, I didn't give it much thought by popping in the CD, entering my security code, and choosing update.  However, part way through that process I would get the blue screen and the memory dump and the computer would continue to cycle, as if in a "do-loop".  If I turned the computer off and back on, it would ask for the XP disk and then pick right back up in the install process and then hit the blue screen again.  I then opened the computer and removed every board excepting video and then did a reboot.  The computer would go farther in the update process than before but still would crash.  I went into the BIOS setup and changed a few things and then reboot.  I found then that I would then get a message that said to boot from the CD press any key.  This had not happened before.  I chose to boot from the CD and was then given a chance to exit the setup, continue the setup, or reinstall windows.  I chose exit setup, but upon reboot it would go back into the update process.  I rebooted again and this time chose new install, and it wiped my current buggy install of WinXp and replaced with a clean copy.
However, because of new registry, I am reloading all programs, setting up new internet connections, etc.
I did find my old favorites but have not located my OE mail info. 
Since I will resync with my iPAQ, I will then get a new dump for Outlook and will not worry about the PST file.
The good news is that PDF files work again, *.mov files play, and the DVD player seems to work just fine.
I cannot find the drivers for my Dell 1900 flat panel and I've got USB install issues to take care of.  And, lots more programs to get reinstalled.  Also, my 2nd hard drive, 200gb WD, shows on boot up, but does not show-up under File Explorer.
The computer does boot up much quicker and is more responsive so I am not really sure I would have wanted to just reinstall the drive image.  While this is a pain, it really is the best thing to have done.