From Ann Lynnworth, of HREF, in the WebHub list:

After installing SP1 on Win2003 you *may* find difficulties with Borland
Delphi 7, e.g. Project Options dialog gives an access violation and never
opens, not even for the default new project.

There is a workaround, and that is to go into Control Panel > System >
Advanced > Performance > Data Execution Prevention "DEP" and select the
first radio button:

"Turn on DEP for essential Windows programs and services only"

Click [ok], close all dialogs, and reboot.

./heLen