Error Code 0x8004cc05 appears to be more common on systems with an AMD processor. I also found that Error Code 0x8004cc05 is also more likely on systems with a 3.5" floppy drive. Disabling the floppy drive either via Device Manager or BIOS appears to solve the problem.
To Disable the Floppy Drive in Device Manager: Go to Device Manager. (Accept any UAC Prompt in Windows Vista or Windows 7). Locate and Expand FloppyDiskdrives. Right-click on the FloppyDiskDrive and select Disable. Close Device Manager and restart the computer.
To Disable the Floppy Drive in BIOS: On most computers you can access the BIOS by tapping the Delete key when restarting the Computer, although some use the F2, F10 or ESC key. In CMOS Setup, click the device associated with the drive, generally Floppy Drive A and select Disabled. Press F10 to save and select Yes to confirm your changes and restart the computer.
Reverse the process to re-enable the floppy drive.