SQL 2005 SP4 fails

Cannot seem to figure this one out. Tried installing locally, different permissions. Any ideas?

=== Verbose logging started: 9/6/2011  12:26:53  Build type: SHIP UNICODE 3.01.4000.4042  Calling process: e:\b7efeaffb643150f4635792e42b181db\hotfix.exe ===
MSI (c) (A4:74) [12:26:53:486]: Resetting cached policy values
MSI (c) (A4:74) [12:26:53:486]: Machine policy value 'Debug' is 0
MSI (c) (A4:74) [12:26:53:486]: ******* RunEngine:
           ******* Product: {F1554A37-F26B-40A5-BD84-478C2F79424B}
           ******* Action:
           ******* CommandLine: **********
MSI (c) (A4:74) [12:26:53:486]: Client-side and UI is none or basic: Running entire install on the server.
MSI (c) (A4:74) [12:26:53:486]: Grabbed execution mutex.
MSI (c) (A4:74) [12:26:53:486]: Cloaking enabled.
MSI (c) (A4:74) [12:26:53:486]: Attempting to enable all disabled priveleges before calling Install on Server
MSI (c) (A4:74) [12:26:53:486]: Incrementing counter to disable shutdown. Counter after increment: 0
MSI (s) (68:D0) [12:26:53:486]: Grabbed execution mutex.
MSI (s) (68:44) [12:26:53:486]: Resetting cached policy values
MSI (s) (68:44) [12:26:53:486]: Machine policy value 'Debug' is 0
MSI (s) (68:44) [12:26:53:486]: ******* RunEngine:
           ******* Product: {F1554A37-F26B-40A5-BD84-478C2F79424B}
           ******* Action:
           ******* CommandLine: **********
MSI (s) (68:44) [12:26:53:486]: Machine policy value 'DisableUserInstalls' is 0
MSI (s) (68:44) [12:26:53:486]: Adding MSIINSTANCEGUID to command line.
MSI (s) (68:44) [12:26:53:486]: Warning: Local cached package 'C:\WINDOWS\Installer\42bde.msi' is missing.
MSI (s) (68:44) [12:26:53:486]: User policy value 'SearchOrder' is 'nmu'
MSI (s) (68:44) [12:26:53:486]: User policy value 'DisableMedia' is 0
MSI (s) (68:44) [12:26:53:486]: Machine policy value 'AllowLockdownMedia' is 0
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Media enabled only if package is safe.
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Looking for sourcelist for product {F1554A37-F26B-40A5-BD84-478C2F79424B}
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Adding {F1554A37-F26B-40A5-BD84-478C2F79424B}; to potential sourcelist list (pcode;disk;relpath).
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Now checking product {F1554A37-F26B-40A5-BD84-478C2F79424B}
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Media is enabled for product.
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Attempting to use LastUsedSource from source list.
MSI (s) (68:44) [12:26:53:486]: SOURCEMGMT: Trying source I:\Microsoft\SQL 2005\CD 1\Setup\.
MSI (s) (68:44) [12:26:53:580]: Incrementing counter to disable shutdown. Counter after increment: 0
MSI (s) (68:44) [12:26:53:580]: Decrementing counter to disable shutdown. If counter >= 0, shutdown will be denied.  Counter after decrement: -1
MSI (s) (68:44) [12:26:53:580]: Entering CMsiConfigurationManager::SetLastUsedSource.
MSI (s) (68:44) [12:26:53:580]: Specifed source is already in a list.
MSI (s) (68:44) [12:26:53:580]: User policy value 'SearchOrder' is 'nmu'
MSI (s) (68:44) [12:26:53:580]: Machine policy value 'DisableBrowse' is 0
MSI (s) (68:44) [12:26:53:580]: Machine policy value 'AllowLockdownBrowse' is 0
MSI (s) (68:44) [12:26:53:580]: Adding new sources is allowed.
MSI (s) (68:44) [12:26:53:580]: Set LastUsedSource to: I:\Microsoft\SQL 2005\CD 1\Setup\.
MSI (s) (68:44) [12:26:53:580]: Set LastUsedType to: n.
MSI (s) (68:44) [12:26:53:580]: Set LastUsedIndex to: 1.
MSI (s) (68:44) [12:26:53:580]: SOURCEMGMT: Resolved source to: 'I:\Microsoft\SQL 2005\CD 1\Setup\'
MSI (s) (68:44) [12:26:53:580]: File will have security applied from OpCode.
MSI (s) (68:44) [12:26:56:377]: SOFTWARE RESTRICTION POLICY: Verifying package --> 'I:\Microsoft\SQL 2005\CD 1\Setup\SqlRun_SQL.msi' against software restriction policy
MSI (s) (68:44) [12:26:56:377]: SOFTWARE RESTRICTION POLICY: I:\Microsoft\SQL 2005\CD 1\Setup\SqlRun_SQL.msi has a digital signature
MSI (s) (68:44) [12:26:56:814]: SOFTWARE RESTRICTION POLICY: I:\Microsoft\SQL 2005\CD 1\Setup\SqlRun_SQL.msi is permitted to run at the 'unrestricted' authorization level.
MSI (s) (68:44) [12:26:56:814]: End dialog not enabled
MSI (s) (68:44) [12:26:56:814]: Original package ==> I:\Microsoft\SQL 2005\CD 1\Setup\SqlRun_SQL.msi
MSI (s) (68:44) [12:26:56:814]: Package we're running from ==> C:\WINDOWS\Installer\9461b4f6.msi
MSI (s) (68:44) [12:26:56:845]: APPCOMPAT: looking for appcompat database entry with ProductCode '{F1554A37-F26B-40A5-BD84-478C2F79424B}'.
MSI (s) (68:44) [12:26:56:845]: APPCOMPAT: no matching ProductCode found in database.
MSI (s) (68:44) [12:26:56:845]: Detected that this product uses a multiple instance transform.
MSI (s) (68:44) [12:26:56:845]: MSCOREE not loaded loading copy from system32
MSI (s) (68:44) [12:26:56:845]: Applying multiple instance transform ':SqlRun01.mst'...
MSI (s) (68:44) [12:26:56:845]: Looking for storage transform: SqlRun01.mst
MSI (s) (68:44) [12:26:56:845]: Validating transform 'SqlRun01.mst' with validation bits 0x809
MSI (s) (68:44) [12:26:56:845]: Transform 'SqlRun01.mst' is valid.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2205 2:  3: Patch
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2205 2:  3: PatchPackage
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _Tables 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _Columns 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Media 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: File 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: TRANSFORM: 'PatchPackage' table is missing or empty.  No pre-transform fixup necessary.
MSI (s) (68:44) [12:26:56:845]: TRANSFORM: Applying regular transform to database.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _Tables 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _Columns 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _Validation 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: File 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: MsiFileHash 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Signature 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: RegLocator 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: AppSearch 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: CompLocator 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: DrLocator 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Binary 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: CustomAction 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Directory 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Registry 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Condition 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: CreateFolder 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlObjectSecurity 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Icon 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: InstallExecuteSequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: InstallUISequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: AdminExecuteSequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: AdminUISequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: AdvtExecuteSequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: AdvtUISequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlAction 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlActionsModule 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlDriveType 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ReserveCost 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: TypeLib 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Feature 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: MsiAssembly 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Class 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Extension 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: PublishComponent 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ServiceControl 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ModuleDependency 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ModuleSignature 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ModuleExclusion 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ModuleComponents 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlBuiltInAccounts 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: MsiAssemblyName 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ServiceInstall 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlNativeImage 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlPropertyValues 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUserSecurity 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlRegistry 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlServiceControl 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlHiveCopy 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlRegSecurity 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlGroup 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlGroupMember 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlConfig 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUpgradeScript 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlHotfixScript 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlScript 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ActionText 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlSku 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlStart 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlServiceAccount 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlDelimitProperty 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlEquivalent 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlWizardSequence 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Dialog 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlMofcomp 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlWMISecurity 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlInstanceProperty 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlInstanceComponents 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlAssembly 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Error 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlPerfCounters 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlCollation 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlExecutable 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlFileSR 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUnmanagedComponent 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUpgradeComponent 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlProducts 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlTopLevelFeatureProducts 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlFileRename 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlFollowComponents 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlLocalServers 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlVerIndependentProgID 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlServiceState 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlServiceProperty 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlServiceConfig 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlSupportFiles 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlDomainGroup 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: FeatureComponents 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Control 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ControlEvent 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ControlCondition 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ListBox 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ListView 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: ComboBox 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: CheckBox 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: EventMapping 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: RadioButton 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Upgrade 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: TextStyle 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: UIText 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Media 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Shortcut 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: SxsMsmGenComponents 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: MsiSFCBypass 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: RemoveFile 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: RemoveRegistry 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: Environment 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUpgradeFile 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUpgradeRegistry 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _sqlUpgradeFolders 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2262 2: _MsiPatchTransformView 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Opening existing patch 'C:\WINDOWS\Installer\3aeacb47.msp'.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2203 2: C:\WINDOWS\Installer\3aeacb47.msp 3: -2147287038
MSI (s) (68:44) [12:26:56:845]: Couldn't find local patch 'C:\WINDOWS\Installer\3aeacb47.msp'. Looking for it at its source.
MSI (s) (68:44) [12:26:56:845]: Resolving Patch source.
MSI (s) (68:44) [12:26:56:845]: User policy value 'SearchOrder' is 'nmu'
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Media enabled only if package is safe.
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Looking for sourcelist for product {E53BF248-E903-4620-8C02-3BD1E5CC41F8}
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Adding {E53BF248-E903-4620-8C02-3BD1E5CC41F8}; to potential sourcelist list (pcode;disk;relpath).
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Now checking product {E53BF248-E903-4620-8C02-3BD1E5CC41F8}
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Media is enabled for product.
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Attempting to use LastUsedSource from source list.
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Trying source e:\9b915e2953a8c1b9bc9c7407\HotFixSQL\Files\.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 2203 2: e:\9b915e2953a8c1b9bc9c7407\HotFixSQL\Files\sqlrun_sql.msp 3: -2147287037
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Source is invalid due to missing/inaccessible package.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 1706 2: -2147483647 3: sqlrun_sql.msp
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Processing net source list.
MSI (s) (68:44) [12:26:56:845]: Note: 1: 1706 2: -2147483647 3: sqlrun_sql.msp
MSI (s) (68:44) [12:26:56:845]: SOURCEMGMT: Processing media source list.
MSI (s) (68:44) [12:26:56:861]: SOURCEMGMT: Resolved source to: 'sqlrun_sql.msp'
MSI (s) (68:44) [12:27:26:861]: Note: 1: 1314 2: sqlrun_sql.msp
MSI (s) (68:44) [12:27:26:861]: Unable to create a temp copy of patch 'sqlrun_sql.msp'.
MSI (s) (68:44) [12:27:26:861]: Note: 1: 1708
MSI (s) (68:44) [12:27:26:861]: Note: 1: 2729
MSI (s) (68:44) [12:27:26:861]: Note: 1: 2729
MSI (s) (68:44) [12:27:26:861]: Product: Microsoft SQL Server 2005 -- Installation failed.

MSI (s) (68:44) [12:27:26:876]: MainEngineThread is returning 1635
This patch package could not be opened.  Verify that the patch package exists and that you can access it, or contact the application vendor to verify that this is a valid Windows Installer patch package.
I:\Microsoft\SQL 2005\CD 1\Setup\SqlRun_SQL.msi
MSI (c) (A4:74) [12:27:26:986]: Decrementing counter to disable shutdown. If counter >= 0, shutdown will be denied.  Counter after decrement: -1
MSI (c) (A4:74) [12:27:26:986]: MainEngineThread is returning 1635
=== Verbose logging stopped: 9/6/2011  12:27:26 ===