UPDATE: I have done a little more research on my named instance installation problem as well as the similar problem that mhenricks was encountering, and I believe that my...

Thank you Anteres686. That thread looks VERY similar to the behavior I am witnessing. I will try the solution indicated at the end of that thread, and I...

SQL Server 2000 supports installing multiple instances (called named instances) which can run simultaneously with each other as well as a default instance of SQL Server 7.0 (or 6.5). ...