If you're happy with rebuilding and losing all your jobs, job history, backup history, etc, then go ahead. If not, I can help you rebuild the log.
Would you mind reposting that error log zipped? It's a little large as-is?
Gail Shaw
Microsoft Certified Master: SQL Server, MVP, M.Sc (Comp Sci)
SQL In The Wild: Discussions on DB performance with occasional diversions into recoverability