IRQL blue screen error message..

[The.Vantage]

I've been having hard drive problems with our HP XP Media Center computer; fortunately I was able to slave the drive to another computer we have and retrieve the data. However, there's still a Windows error when trying to run Windows on said HDD as master (at start up, we get the error message Windows could not start because the following file is missing or corrupt: WINDOWS\SYSTEM32\CONFIG\SYSTEM).
At this point, I just want to create recovery CDs and move everything over to the new 160GB HDD purchased from Western Digital. However, here's the obstacle I need help with.
When pressing F10 at start up, I get a "Blue Screen of Death" BSOD that says to this effect:

""A problem was detected and windows has been shut down to prevent damage to your computer: IRQL_NOT_LESS_OR_EQUAL. If this is the first time this messsage has appeared, check to be sure any new hardware or software is properly installed. If this problem continues, disable or remove any newly installed hardware or sofware. Disable BIOS memory options such as caching or shadowing; press F8 to use safe mode.
Technical information: ***STOP: 0X0000000X (0X00000000, 0X0000001C, 0X00000001, 0X8041BOE7)""

Also, since I can access this HDD as a slave on another XP computer; could I use that other computer to create the recovery CDs for this HDD XP Media Center OS - or would that create the recovery CD's for that other computer and 'count' as it's recovery CD's..or is the process 'smart enough' to be creating recover CD's for the slaved HDD OS?

Thanks in advance.