GPEDIT.MSC Error 54

I get this strange error when accessing gpedit.msc thats part of the Windows 2003 SBS Pack 2 with Internet Explorer 8
AN error has occured in the dialog,
Error: 54
Unspecified Error.

Screenshot:
http://i28.tinypic.com/ht8k28.jpg


I suspect its partially caused by IE8 which was recently installed on the machine.
LVL 1
Anti-MhzAsked:
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opnjCommented:
Thats a pretty vague error. You might save some time and do a repair install of windows instead of trying to hunt this down.
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Anti-MhzAuthor Commented:
the problem seem to go away with some recent windows update.  please refund
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