i dnt believe that was your problem it may have been the disk corrupt or scratched but old software i dont think so ...
i have similar motherboard without the SE
and because i was curious about this problem i grabbed my older 10Gb IDE hardrive and my very first xp pro disk without n e updates or service packs and it installed fine
i literally just finished the install now coz when i read that post i have have never heard of that being the problem sooo.... it might have been scrathed or corrupt the but actual age of the software was not your problem
P.S im reformattin that old hardrive as i cnt be bothered to do all the updates and download the service pack 2 etc