A background process prevents registry modifications
http://support.microsoft.com/default...N-US%3BQ305668
It looks like a thorough article with some hope for your machine.
Windows ME was the first MS operating system to use System Restore, so
your old registry may be backed up. I'm just guessing.
Consider disk maintenance prior to updates. Run disk Clean Up and
defrag the drive when needed. Microsoft operating systems will fail
Critical Updates, virus definition updates, and all sorts of changes if
disk space is low. There are usually no dialog boxes to report low
disk space, instead events are quietly written to the System Log.