We've been using SP2 here at work. The most serious problem we all have in my office / bay area, is that our "Computer Locked" windows have corrupted graphics in them until you log back in or move the window all around the screen to cause it to redraw. All of our machines spontaneously BSOD then immediately reboot. That happend even before SP2 though.
You're problems make me thankful I just bought a G5 Mac. I am crossing my fingers that my days of messed up WindowsXP installs are over, at home at the very least. I didn't even bother to upgrade my PC to SP2 before tearing it down and setting up the Mac.