2010-01-20 08:22:00.45 Server UpdateUptimeRegKey: Operating system error 5(Access is denied.) encountered.
2010-01-20 08:22:01.43 spid7s Failed to check for new installation or a renamed server at startup. The logic for this check has failed unexpectedly. Run setup again, or fix the problematic registry key.
2010-01-20 08:22:01.43 Server Error: 17182, Severity: 16, State: 1.
2010-01-20 08:22:01.43 Server TDSSNIClient initialization failed with error 0x5, status code 0x51. Reason: Unable to configure MDAC-compatibility Named Pipes protocol pipe name in registry. Access is denied.
This tells me the account being used for the service does not have write/modify permissions to the registry in some way. It wants to update the UpdateUptimeRegKey.
Shawn Melton
Twitter: @wsmelton
Blog: wsmelton.github.com
Github: wsmelton