Windows Reinstall, wont take SP1 media refresh with original key

Because it did this last time. I tried installing the burned ISO win7 and it just refused to activate. Then I had to reinstall with the original disc because it wouldn't take the key.

Well. I could never afford a full retail version. It says on the box it is an OEM version.

Yes, it is. I built this PC hence I needed an OEM one. Please be aware this tool is run on the current windows, as in not the reinstall because I'm fearful of doing it if I cant activate it again. So this has the same OS and Key I would intend to reinstall, if that makes sense.

Code:

Diagnostic Report (1.9.0027.0):
-----------------------------------------
Windows Validation Data-->

Validation Code: 0
Cached Online Validation Code: 0x0
Windows Product Key: *****-*****-4PT4G-GGD26-JWPPM
Windows Product Key Hash: Z23GSXC4tDDfEuCSvej4i1xBaaY=
Windows Product ID: 00359-OEM-8703334-80154
Windows Product ID Type: 3
Windows License Type: OEM System Builder
Windows OS version: 6.1.7601.2.00010300.1.0.003
ID: {D6922C3A-ED47-460D-BA14-B38E94A57F7E}(1)
Is Admin: Yes
TestCab: 0x0
LegitcheckControl ActiveX: N/A, hr = 0x80070002
Signed By: N/A, hr = 0x80070002
Product Name: Windows 7 Home Premium
Architecture: 0x00000009
Build lab: 7601.win7sp1_gdr.130828-1532
TTS Error: 
Validation Diagnostic: 
Resolution Status: N/A

Vista WgaER Data-->
ThreatID(s): N/A, hr = 0x80070002
Version: N/A, hr = 0x80070002

Windows XP Notifications Data-->
Cached Result: N/A, hr = 0x80070002
File Exists: No
Version: N/A, hr = 0x80070002
WgaTray.exe Signed By: N/A, hr = 0x80070002
WgaLogon.dll Signed By: N/A, hr = 0x80070002

OGA Notifications Data-->
Cached Result: N/A, hr = 0x80070002
Version: N/A, hr = 0x80070002
OGAExec.exe Signed By: N/A, hr = 0x80070002
OGAAddin.dll Signed By: N/A, hr = 0x80070002

OGA Data-->
Office Status: 109 N/A
OGA Version: N/A, 0x80070002
Signed By: N/A, hr = 0x80070002
Office Diagnostics: 025D1FF3-364-80041010_025D1FF3-229-80041010_025D1FF3-230-1_025D1FF3-517-80040154_025D1FF3-237-80040154_025D1FF3-238-2_025D1FF3-244-80070002_025D1FF3-258-3

Browser Data-->
Proxy settings: N/A
User Agent: Mozilla/4.0 (compatible; MSIE 8.0; Win32)
Default Browser: C:\Program Files (x86)\Google\Chrome\Application\chrome.exe
Download signed ActiveX controls: Prompt
Download unsigned ActiveX controls: Disabled
Run ActiveX controls and plug-ins: Allowed
Initialize and script ActiveX controls not marked as safe: Disabled
Allow scripting of Internet Explorer Webbrowser control: Disabled
Active scripting: Allowed
Script ActiveX controls marked as safe for scripting: Allowed

File Scan Data-->

Other data-->
Office Details: <GenuineResults><MachineData><UGUID>{D6922C3A-ED47-460D-BA14-B38E94A57F7E}</UGUID><Version>1.9.0027.0</Version><OS>6.1.7601.2.00010300.1.0.003</OS><Architecture>x64</Architecture><PKey>*****-*****-*****-*****-JWPPM</PKey><PID>00359-OEM-8703334-80154</PID><PIDType>3</PIDType><SID>S-1-5-21-2755920935-4096475739-2431529791</SID><SYSTEM><Manufacturer>System manufacturer</Manufacturer><Model>System Product Name</Model></SYSTEM><BIOS><Manufacturer>American Megatrends Inc.</Manufacturer><Version>2401   </Version><SMBIOSVersion major="2" minor="5"/><Date>20110518000000.000000+000</Date></BIOS><HWID>76EE3A07018400F6</HWID><UserLCID>0809</UserLCID><SystemLCID>0409</SystemLCID><TimeZone>GMT Standard Time(GMT+00:00)</TimeZone><iJoin>0</iJoin><SBID><stat>3</stat><msppid></msppid><name></name><model></model></SBID><OEM/><GANotification/></MachineData><Software><Office><Result>109</Result><Products/><Applications/></Office></Software></GenuineResults>  

Spsys.log Content: 0x80070002

Licensing Data-->
Software licensing service version: 6.1.7601.17514

Name: Windows(R) 7, HomePremium edition
Description: Windows Operating System - Windows(R) 7, OEM_COA_NSLP channel
Activation ID: 586bc076-c93d-429a-afe5-a69fbc644e88
Application ID: 55c92734-d682-4d71-983e-d6ec3f16059f
Extended PID: 00359-00174-033-380154-02-2057-7600.0000-1722013
Installation ID: 019646298595615284706262656825929300990411733013205733
Processor Certificate URL: http://go.microsoft.com/fwlink/?LinkID=88338
Machine Certificate URL: http://go.microsoft.com/fwlink/?LinkID=88339
Use License URL: http://go.microsoft.com/fwlink/?LinkID=88341
Product Key Certificate URL: http://go.microsoft.com/fwlink/?LinkID=88340
Partial Product Key: JWPPM
License Status: Licensed
Remaining Windows rearm count: 4
Trusted time: 24/12/2013 16:25:29

Windows Activation Technologies-->
HrOffline: 0x00000000
HrOnline: 0x00000000
HealthStatus: 0x0000000000000000
Event Time Stamp: 12:21:2013 12:56
ActiveX: Registered, Version: 7.1.7600.16395
Admin Service: Registered, Version: 7.1.7600.16395
HealthStatus Bitmask Output:


HWID Data-->
HWID Hash Current: NAAAAAEABAABAAEAAAACAAAAAgABAAEAHKLa8ExnEDPiaziYVPJ6NsrPpHv6zyplcLQC0A==

OEM Activation 1.0 Data-->
N/A

OEM Activation 2.0 Data-->
BIOS valid for OA 2.0: yes, but no SLIC table
Windows marker version: N/A
OEMID and OEMTableID Consistent: N/A
BIOS Information: 
  ACPI Table Name    OEMID Value    OEMTableID Value
  APIC            051811        APIC1038
  FACP            051811        FACP1038
  SRAT            AMD           FAM_F_10
  HPET            051811        OEMHPET 
  MCFG            051811        OEMMCFG 
  OEMB            051811        OEMB1038
  SSDT            A M I         POWERNOW

So what do I do? Can I do anything to quicken the reinstall or do I just use the oem disc and face hours or days of updates?

Use Win7 Home Premium x64 SP1 English Official ISO download

Follow the same steps as given in Clean Reinstall - Factory OEM Windows 7.

It will always activate with a genuine Product Key as long as you input the correct characters which is easy to mess up.

To avoid 100+ Updates since SP1 slipstream in the later updates following Update 7 installation media - Windows 7 Help Forums.
It may look intimidating but it only takes about a half hour if you follow the steps.