svchost.exe error!

What exactly is the error?

Have a search on your drive as it should only be in your system32 folder. If its elsewhere it could be a virus.
 
What it caused. Is it allow to open drives by double-clicking? If so it's a script. Actually not harmful for the applications setup on your machine.
 
A description of Svchost.exe in Windows XP Pro

The Svchost.exe file is located in the %SystemRoot%\System32 folder. At startup, Svchost.exe checks the services part of the registry to construct a list of services that it must load. Multiple instances of Svchost.exe can run at the same time. Each Svchost.exe session can contain a grouping of services. Therefore, separate services can run, depending on how and where Svchost.exe is started. This grouping of services permits better control and easier debugging.

I guess this will explain what this process is... ;)
 
The file may be corrupted. I had the same problem before and there is a virus that hides itself with the same name, but sometimes its just a file corruption and not this virus the cause.
Fortunately, I solve my problem just repairing XP. So, this could be an step .
 
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