Unhandled exception in CApplication::CreateGUI()

Hi All,

I've been keen to try XBMC for some time and have finally got round to installing it.
However, I cannot get it to run.
I've searched the forum to see if anyone has similar issues, and whilst I can find a few posts, none of them have any solutions that work for me. I have installed the most up to date drivers for my graphics card, and run dxdiag to see if there are any issues - but it all checks out ok.
I've enabled the debugging in the advancedsettings.xml file, and I can see I am getting an error:
Unhandled exception in CApplication::CreateGUI() : Win32 exception (code:0xc000001d) at 0x006cae9f

My log file can be found here: http://pastebin.com/8Y6sh22s

But high level info of my system is:
XBMC version 12.1
Windows XP SP3
AMD Sempron 2400
Nvidia GeForce 6200

I also have stacktrace and stackdump if it would be useful to anyone.

Thanks in advance for any help.

Jason