I had similar problem (where Windows wouldn't boot since it could not find the SYSTEM file). To fix:
- I inserted the Windows disc and rebooted MBP using the Option key.
- I selected the Windows Install CD and ran the repair.
- After it was done, I did a hard restart into BC again. Windows came up fine.
- Shutdown ad booted into Mac.
- Launched 3150 using BC profile. It started right up.
- I then installed Parallels Tools in VM.
- After it rebooted, it came up with the CheckDisk windows screen. I let it finish and all is now well.
- I inserted the Windows disc and rebooted MBP using the Option key.
- I selected the Windows Install CD and ran the repair.
- After it was done, I did a hard restart into BC again. Windows came up fine.
- Shutdown ad booted into Mac.
- Launched 3150 using BC profile. It started right up.
- I then installed Parallels Tools in VM.
- After it rebooted, it came up with the CheckDisk windows screen. I let it finish and all is now well.
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