I have this listed as an IE problem, not Explorer but try this:

The application failed to initialize properly (0xc0000005). Click on
OK to terminate application.
-----
Start-Run-Regedit
Navigate to
HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Servic es\RPCKDM
Ensure the highlight is on the key in the left-hand pane.
Export it for safety (if you wish).
Right click and select Delete.

....Alan
--
Alan Edwards, MS MVP Windows - Internet Explorer
http://dts-l.org/index.html

On Wed, 14 Dec 2005 03:03:02 -0800, "djjabb83"
<djjabb83@discussions.microsoft.com> wrote:

>Every time i try to start my pc i get a pop-up reading Explorer.exe," The
>application failed to intialize properly(0xc0000005). Click ok to terminate
>application." I do not click ok, just the X to close it. It then loads my
>settings and then nothing appears except my wallpaper. The only way i can get
>anything is through the task manager. I have posted several items in my pc's
>forum page, but no one seems willing to help me. Does anyone know what this
>is and how i can get my desktop to reappear like before?