OK, I have managed to fix my machine, so if anyone else is having problems, here is what happened and what I did to fix it
Here is a list of the issues I had and the steps I took to fix them. Hopefully no one will need to do this..............
-- My IE and Mozilla browsers were hijacked
-- Access to boot in SAFE MODE was disabled
-- Access to regedit was removed
-- Access to see processes in Task Manager was removed
-- Access to System Restore was removed
-- Restore points were deleted (this cannot be fixed, but I will be making it part of my backup now)
-- All types of porn icons were placed on my desktop
1 -- fortunately I was able to turn off system restore by right-clicking My Computer and turning it off from there.
2 -- I was not able to boot to the SAFE MODE. The entries in the registry to be able to SAFE BOOT were removed. I was able to fix this by recreating those needed entries. The easy way to perform this measure can be found at: http://blog.didierstevens.com/2007/02/19/r...ith-a-reg-file/
3 -- Once you are able to boot in SAFE MODE with networking, you can then logon on as Admin, and startup/update your virus/adware applications. I ran Malwarebytes, SuperAntiSpyware and Avast
4 -- Access to the registry was disabled. When I ran Malwarebytes is discovered an entry in the registry and gave me the message that it needed to access the registry to repair the problem. I OK'd this and that also provided me access to the registry as well. (Lucky)
5 -- The TaskManager was disabled also, CTRL-ALT-DEL produced a message box that basically said Task Manager has been disabled by your administrator. I repaired this by going to the HKEY_CURRENT_USER \ Software \ Microsoft \ Windows \ CurrentVersion \ Policies\ System key and deleted the DisableTaskMgr key and reboot the machine
Once I completed all of this, I turned System Restore back on, rebooted and ran all my virus/adware applications again and it appears to be clean. I then created a restore point and added the restore folder to my daily backups.
Hopes this helps someone that may need it.