IIRC that is a video driver problem.
Did your remove your old video card driver before installing your new video card?
Did you go from Nvidia to ATI or ATI to Nvidia?
Try deleting all your video card drivers and associated multimedia programs linked directly to your current video card and previous video card. Also go through your hard drive and delete folders associated with video card drivers and programs after you have used Windows Add/Remove Programs. (in Control Panel)
Reboot computer, WinXP should recognize a new video card and automatically install a WinXP native driver. Next install the driver and associated multimedia programs from the CD ROM that came with your video card.
If you continue to receive the error you may have a corrupted registry entry. If you feel confident you can use the regedit utility and browse through the registry entries and delete entries referring to your old video card.
Also make sure your video card is seated properly in it's AGP slot and if it has active cooling on the GPU make sure the fan is running.
Worse case you might have to reformat your hard drive and reinstall Windows and all other programs.
Its your memory or power supply. Its been discussed quite a few times here check the threads out. mine was due to memory another guy on here was his power supply. its one or the other.. or both? If your using ddr400 "and I know I'm beating the dead horse on this". then thry using ddr333 it wont show up as anything wrong with the memory. It is just a flaky memory chip for now.
If your using a 300 watt PS or less. Upgrade it to 450 or higher. your killing the power supply, as it cannot supply the power you need to run your system.
Your running an AMD system with A Radeon or Nvidia card GF4 or higher that requires a min of 300 watts to use aren't you?
It's probably is hardware problem. If your PS is good one (300W or higher), check your voltage settings and increase a little to see if it's fixed. I used to have this problem when I overclocked my system too high and my CPU was undervolted.
Good or Bad have no meaning at all, depends on what your point of view is.
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