Windows 7: I/O 0x800704d Error when trying to make full system image

No.

Sorry for being a bother but last two questions:

Would it be better to keep the factory installed programs from Toshiba or just go with whatever Windows 7 gives? I thought the only thing worth taking would be the flashcards that Toshiba installs to be able to use the FN key functions.

The last question was about whether an issue with my system restore points disappearing after rebooting the laptop a few times, would that issue go away with a clean install?

No. Do not keep the Toshiba factory installed programs. Make a true clean install with zero from Toshiba.

After you have installed, installed MSE, installed all updates, then go to the Toshiba website and enter the info for your computer.

You can then download from their site any program you think you can't live without.

I have a Toshiba laptop. I have a clean install. I have zero programs (read that as bloat) from Toshiba on the laptop.

Your disappearing restore points problem will go away. Win 7 will not delete any until the space for restore points is full and then the oldest will be deleted.

Other super-duper speed up your computer programs will do such a thing.

You can also purposely delete all except for the last via Disk Cleanup that comes with your Win 7.

CCleaner can be used, but does not be default, to delete restore points. You can also delete restore points thru much the same procedure as when you yourself create a restore point.

We do have tutorials on creating, etc restore points.

Is it okay if I use Avast! and Malwarebytes as my anti-virus/anti-spyware programs instead of MSE? I do use CCleaner to delete older restore points but after one or two reboots, ALL my restore points are gone, not just the ones I deleted. I hope this clean install will fix it. So once I get my new HDD, how will I install Windows 7 on it? Am I supposed to keep the installer on my external HDD? Again thanks for all the help.

P.S. Sorry for sounding like such a noob and asking so many questions.

Use the best--Use MSE.
You will have no need for MalwareBytes or Avast as far as that goes.

Do NOT use CCleaner to clean out restore points.
Do NOT clean out restore points.

You are to follow the instructions given in:
Clean Reinstall - Factory OEM Windows 7

Thanks so much!

Glad to be of assistance.

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BaronRick