I have had this problem in the past few days, but seems like it might be an issue with an MS update possibly, or with Internet Explorer 7 specifically. Only guessing but made all the difference on mine. If you think its relevant for you, here are is the summary......
There are still many issues with IE7 software, even does not work correctly with some Microsoft products such as Sharepoint!!!
Basically I uninstalled IE7 (rebooted) plus IE7 security updates plus IE6 security updates (rebooted again) .
Then I ran the command inside these quotation marks " sfc /scannow " which rests key windows files including IE back to original values (need to have the XP disk available).
Then after another reboot, disabled windows automatic updates but went to the update site. Ran a custom check of updates, selected IE6 security updates plus one or two other pertinent to my laptop. Made sure not to be prompted for IE7 update again. Be aware that this update process took 30 minutes and I thought my laptop had slowed / crashed again, but this was purely due to svchost.exe plus windows update apparently eating up all my RAM (i have 2GB !)
After install of these IE6 updates, rebooted. All works OK again !
I get suspicious that Microsoft might be beefing up their updates etc to "persuade" people to upgade their old software and hardware. Best to be VERY selective in what you download from MS! Their quality control is fairly cr@p as well
Problems experienced were on a Dell D400 laptop, a bit old, but normally runs very well indeed, just need to be careful what versions of softwareto load.
Specifications: 1.4Ghz (Centrino), 2GB RAM @ 266, 80gb disk.
Software: XP2, Avast4.8, Comodo Firewall V3, Windows Defender, Superantispyware 4 (on demand only).