Windows Serevr 2008 - SQL Server 2005 Enterprise edition installation failure (Error # 29503)

[Indigenous]

Dear Experts,

I have been trying to install SQL Server 2005 enterprise edition on my Windows Server 2008 Enterprise Edition. Hardware specs are:

- BL465 G6 Server with 1 x 6 Core AMD Opteron processor

Whenever i try to install the SQL Server it fails on on starting the SQL Database Services. I came across a number of resolutions (which worked for other people) but none helped me, some are:

1- Install SQL Server with default options and then create your own instance. For me it does not even install with the default options
2- I came across this KB (http://support.microsoft.com/kb/954835) however none of the methods detailed in it worked.

In all the scenarios the installation fails with the same error. Now i am not sure what to do. I would be very grateful if someone can help me out with this.

The error message from the log file (SQLSetup0002_WSPKAJ1_SQL.log) is pasted below:
---------------------------------------------
Service MSSQLSERVER with parameters -m SqlSetup -Q -qSQL_Latin1_General_CP1_CI_AI -T4022 -T3659 -T3610 -T4010 is being started at Wed Dec 15 19:43:12 2010
Unable to start service (1053)
Error Code: 0x8007041d (1053)
Windows Error Text: The service did not respond to the start or control request in a timely fashion.
Source File Name: sqlsetuplib\service.cpp
Compiler Timestamp: Fri Sep 16 13:20:12 2005
Function Name: sqls::Service::Start
Source Line Number: 316

---- Context ---------------
Setting status of unmanaged components and removing unmanaged resources
Do_sqlScript
SqlScriptHlpr
Start service MSSQLSERVER



Error Code: 1053
MSI (s) (18!48) [19:44:25:295]: Product: Microsoft SQL Server 2005 -- Error 29503. The SQL Server service failed to start. For more information, see the SQL Server Books Online topics, How to: "View SQL Server 2005 Setup Log Files" and "Starting SQL Server Manually".
The error is (1053) The service did not respond to the start or control request in a timely fashion.
.

Error 29503. The SQL Server service failed to start. For more information, see the SQL Server Books Online topics, How to: "View SQL Server 2005 Setup Log Files" and "Starting SQL Server Manually".
The error is (1053) The service did not respond to the start or control request in a timely fashion.
.
---------------------------------------------

The complete log file (SQLSetup0002_WSPKAJ1_SQL.log) is below:

---------------------------------------------
=== Verbose logging started: 12/15/2010 19:39:50 Build type: SHIP UNICODE 4.05.6002.00 Calling process: C:\Program Files\Microsoft SQL Server\90\Setup Bootstrap\setup.exe ===
MSI (c) (00:50) [19:39:50:281]: Resetting cached policy values
MSI (c) (00:50) [19:39:50:281]: Machine policy value Debug is 0
MSI (c) (00:50) [19:39:50:281]: ******* RunEngine:
******* Product: D:\Setup\SqlRun_SQL.msi
******* Action:
******* CommandLine: **********
MSI (c) (00:50) [19:39:50:281]: Client-side and UI is none or basic: Running entire install on the server.
MSI (c) (00:50) [19:39:50:281]: Grabbed execution mutex.
MSI (c) (00:50) [19:39:50:281]: Cloaking enabled.
MSI (c) (00:50) [19:39:50:281]: Attempting to enable all disabled privileges before calling Install on Server
MSI (c) (00:50) [19:39:50:281]: Incrementing counter to disable shutdown. Counter after increment: 0
MSI (s) (18:40) [19:39:50:297]: Running installation inside multi-package transaction D:\Setup\SqlRun_SQL.msi
MSI (s) (18:40) [19:39:50:297]: Grabbed execution mutex.
MSI (s) (18:C4) [19:39:50:297]: Resetting cached policy values
MSI (s) (18:C4) [19:39:50:297]: Machine policy value Debug is 0
MSI (s) (18:C4) [19:39:50:297]: ******* RunEngine:
******* Product: D:\Setup\SqlRun_SQL.msi
******* Action:
******* CommandLine: **********
MSI (s) (18:C4) [19:39:50:297]: Machine policy value TransformsSecure is 1
MSI (s) (18:C4) [19:39:50:312]: Machine policy value