The error states that ntfs.sys (the driver that operates the file system on the hard drive) had an error when accessing memory.
Is this a SATA hard drive? Have you enabled the SATA as IDE thingie in the BIOS (I'm not familiar with this option myself)?
Another way is to load the SATA drivers from a floppy when the setup prompts you (at the bottom of the screen) to press F6 load RAID/SCSI drivers.
Another way is to slipstream the drivers into the installation CD: http://www.maximumpc.com/article/How-To--S...XP-installation
(haven't done it myself).
Since it's a memory access error, I'd suggest testing your memory with this free utility: http://www.memtest86.com/
Download it and follow the instructions to make a bootable CD. Then run the test overnight to be sure it's thoroughly tested all the RAM. Any errors will probably mean that the RAM is faulty.
Links to descriptions of the error message:http://aumha.org/a/stop.php#0x7ehttp://www.osronline.com/ddkx/ddtools/bccodes_192f.htm
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