IIS7 and localhost

I'm trying to to run a web site project on my local computer with vista using IIS 7 instead of the built in web server.
I created the web site in IIS but get this error message when I try to browse the web site.

HTTP Error 500.19 - Internal Server Error
The requested page cannot be accessed because the related configuration data for the page is invalid.

Module IIS Web Core
Notification BeginRequest
Handler Not yet determined
Error Code 0x80070005
Config Error Cannot read configuration file due to insufficient permissions  
LVL 8
JRockFLAsked:
Who is Participating?
 
jazzIIIloveCommented:
Hi there;

The last post may help you...

http://www.eggheadcafe.com/software/aspnet/31641919/error-50019-on-iis-7.aspx

Best regards...
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JRockFLAuthor Commented:
That will do it. THank you
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