Uggh.
Those are the drivers it is loading. But it is still locking up which is not good. Something still wrong in Safe Mode.
Consider a Windows XP Repair Install if you have the disk.
See
http://www.michaelstevenstech.com/XPrepairinstall.htm and note very carefully the warnings he gives.
Another option involves taking the disk out and slaving it either directly or through a USB caddy to another computer.
This is following the advice given by Durnic_Kahn earlier on where you scan for viruses, check disk file table integritry and replace missing files.
A third option would be to boot from a Linux CD and copy the missing file across to the system32 folder. You'd need to get the missing file from a working machine and place it on a flash stick or USB drive so that the Linux CD could access it. The only trouble with this option is if there is more than one damaged file.
