Well, after about a week of tearing my hair out over this *&%$# error, I finally found a solution. Basically came down to changing a registry value. Here's the solution:
Solution for the error 1606 Could not access Network Location. <Common Administrative Tools> .All Users\.
1. Startup > Execute... > regedit ---> Accept
2. In the Registry go to:
3. Common Administrative Tools must have the value: C:\WINDOWS\All Users
4. In the Registry go to:
\HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\Explorer\User Shell Folders
5. Common Administrative Tools must have the value: %SYSTEMROOT%\All Users
Hopefully, by posting this it will save some time and aggravation that I went through with anyone who comes across the same error. Gotta admit, I learned alot about Xp while researching this problem!
(Edited by Niro28 at 5:25 am on Jan. 10, 2002)