Although the bugchecks don't look like a software problem, since you can boot in Safe Mode -- try a "clean boot" in normal mode:
CLEAN BOOT TROUBLESHOOTING technique XP
First, restart in Safe Mode (tap the f8 key promptly on startup and choose the Safe Mode option from the boot menu).
In Safe Mode –
Run
msconfig and select the "Services" tab.
Check "Hide Microsoft Services" and then disable the rest. Also uncheck "load startup group" on the general page.
See this link for detailed information:
http://support.microsoft.com/default...b;EN-US;310353
Now restart and test the issue at hand
If no problems, run
msconfig and recheck half the disabled items on the Services tab. Test again. If the problem recurs, UNcheck half the items you just checked to narrow down the culprit.
If the problem didn't occur, check the other half, so all the Services are enabled -- proceed to do this on the startup tab as well.
Get the idea? You want to isolate the problem to a specific startup if possible.
Note: if you already have items unchecked under msconfig > startups and are in “selective” startup mode – you should note what these are before beginning. They will need to be de-selected again.