Update for Windows XP (KB904412) - English: "Install this update to address several possible issues associated with connecting a Serial Bus Protocol 2 (SBP-2) device, such as an IEEE 1394 device, to a Microsoft Windows XP Service Pack 2-based computer. After you install this item, you may have to restart your computer.

Download: Update for Windows XP (KB904412) - English

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Hooray. This has been annoying be for a long time now.