I've found several mentions of this type of problem recently and it's been traced back to one of the February Microsoft hotfixes for XP. MS05-011 (885250) seems to be the culprit in these cases. Try removing the hotfix and see if the problem is resolved.
I've seen enough mention of this already to think a revision of this patch will be on the way soon. Please note that this patch protects against a remote code execution vulnerability. I would suggest taking other steps to mitigate this vulnerability in the event your rollback this patch. Microsoft has mitigation suggestions in the "Vulnerability Details" section of the following bulletin:
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