Problem setting up web site

Hello,

I am working with a virtual machine on Windows 2003 SP1. I am trying to set
up IIS 6 with ASP.NET 2.0. In the Computer Management console under
websites, I have the "Default Web Site" with a Globe next to it. Under it,
I have my main website (bsom) but instead of a globe, its has a gear shaft
next to it. I went into properties and configured it for ASP.NET 2.0.
Below are the
1. error statement
2. ASP.NET 2.0 Config in Properties
3. Authentication & Access Control Diagnostics 1.0
4. Log File

Any help with this would be appreciated.
--
Thanks in advance,

sck10

++++++++++++++++++++++++==

ASP Settings
-----------
IP Address: (All Unassigned)
TCP port: 80
Local Path: cc:\inetpub\wwwroot\bsom
with (Read, Write, Dir Browsing, Log visits, index this resource)

application name: bsom
Execute permissions: Scripts Only
Application pool: DefaultAppPoll
ASP.NET version 2.0.50727

Under security
User ID: IUSR_Luc-VWX
Enable anonymous access: selected


Authentication & Access Controll Diagnostics 1.0:
----------------------------------------------------
Server's response: HTTP/1.1 500 Internal Server Error
Learn about IIS status codes Path:W3SVC/1/ROOT/bsom
AuthType:Anonymous

Server's response: HTTP/1.1 401 Unauthorized
Learn about IIS status codes Path:W3SVC/1/ROOT
AuthType:Anonymous
Server's response: HTTP/1.1 403 Forbidden
Learn about IIS status codes Path:W3SVC/1/ROOT/aspnet_client
AuthType:Anonymous

Server's response:
Learn about IIS status codes Path:W3SVC/1/ROOT/Reports
AuthType:Anonymous

Server's response:
Learn about IIS status codes Path:W3SVC/1/ROOT/ReportServer
AuthType:Anonymous
Diagnostics complete


Error Statement
-----------------
Server Application Unavailable
The web application you are attempting to access on this web server is
currently unavailable. Please hit the "Refresh" button in your web browser
to retry your request.

Administrator Note: An error message detailing the cause of this specific
request failure can be found in the application event log of the web server.
Please review this log entry to discover what caused this error to occur.


Log File
-------------
Failed to execute request because the App-Domain could not be created.
Error: 0x80070005 Access is denied.

Failed to initialize the AppDomain:/LM/W3SVC/1/Root/bsom

Exception: System.IO.FileLoadException
Message: Could not load file or assembly 'System.Web, Version=2.0.0.0,
Culture=neutral, PublicKeyToken=b03f5f7f11d50a3a' or one of its
dependencies. Access is denied.
StackTrace: at System.Reflection.Assembly.nLoad(AssemblyName fileName,
String codeBase, Evidence assemblySecurity, Assembly locationHint,
StackCrawlMark& stackMark, Boolean throwOnFileNotFound, Boolean
forIntrospection)
at System.Reflection.Assembly.InternalLoad(AssemblyName assemblyRef,
Evidence assemblySecurity, StackCrawlMark& stackMark, Boolean
forIntrospection)
at System.Reflection.Assembly.InternalLoad(String assemblyString,
Evidence assemblySecurity, StackCrawlMark& stackMark, Boolean
forIntrospection)
at System.Activator.CreateInstance(String assemblyName, String typeName,
Boolean ignoreCase, BindingFlags bindingAttr, Binder binder, Object[] args,
CultureInfo culture, Object[] activationAttributes, Evidence securityInfo,
StackCrawlMark& stackMark)
at System.Activator.CreateInstance(String assemblyName, String typeName)
at System.AppDomain.CreateInstance(String assemblyName, String typeName)
at System.AppDomain.CreateInstance(String assemblyName, String typeName)
at
System.Web.Hosting.ApplicationManager.CreateAppDomainWithHostingEnvironment(String
appId, IApplicationHost appHost, HostingEnvironmentParameters
hostingParameters)
at
System.Web.Hosting.ApplicationManager.CreateAppDomainWithHostingEnvironmentAndReportErrors(String
appId, IApplicationHost appHost, HostingEnvironmentParameters
hostingParameters)

Any help with this would be appreciated.


.