I've made a big error and set the permissions on c drive wrongly - with the result that the computer will not boot because the SYSTEM account cannot access C drive

System is running Windows XP SP2.
Is there any way I can reset the permissions without formatting C drive?
Maybe by using software off a CD that will boot the system, or using Recovery Console?
If I will have to format C drive, can you advise the way I should go about doing this and reinstalling.
Many thanks in advance,
Matthew






























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