For some reason I vaguely recall that there was an issue with slipstreaming XP SP3 which caused the product key to be considered invalid. I don't really use XP much anymore, so I don't recall if Microsoft ever actually fixed the problem.
Plus, you are slipstreaming an OEM XP CD - I recall that slipstreaming them was sometimes hit-n-miss in the past even with tools like nLite and Autostreamer. You might just try it again and see if it works.
What OS were you running nLite on to create the ISO? It is most likely to work if you slipstream SP3 on a machine running XP as the OS.
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