How to solve it?

I've got <machine_name>\IWAM_<machine_name> user, granted all
permissions to him, i had another error messages, but now i have
forementioned one and i can't find the answer how to beat such error.

p.s. I got ASP.NET 2.0 and IIS 5.1 (WinXP Pro)

A little better: i put AutoConfig="true" into processModel of
machineconfig and it works this way. Later in task manager I've seen
aspnet_wp.exe has been run on behalf of ASPNET account. BUT when I put
userName="ASPNET" password="AutoGenerate" - it doesn't work and says
login/password is incorrect. I thought AutoGenerate meant password
should be taken from the system in case account already had it. But it
seems like autogenerate means it's been autogenerated RIGHT AWAY and
of course it differs from the one this account already has (in IIS
metabase, etc)

You are better off getting your hands on a good reference to explain what 
autogenerate does and how it does it. Tinkering with those settings will 
cause you grief.

First, I would repair ASP.NET on the machine by running the 
aspnetsetregiis.exe -i before tampering with anything else.

-- 
Regards,
Alvin Bruney
------------------------------------------------------
Shameless author plug
Excel Services for .NET - MS Press
Professional VSTO 2005 - Wrox/Wiley
OWC Black Book www.lulu.com/owc

 wrote in message 
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>A little better: i put AutoConfig="true" into processModel of
> machineconfig and it works this way. Later in task manager I've seen
> aspnet_wp.exe has been run on behalf of ASPNET account. BUT when I put
> userName="ASPNET" password="AutoGenerate" - it doesn't work and says
> login/password is incorrect. I thought AutoGenerate meant password
> should be taken from the system in case account already had it. But it
> seems like autogenerate means it's been autogenerated RIGHT AWAY and
> of course it differs from the one this account already has (in IIS
> metabase, etc)
>