Were getting there now:
rerun killbox.exe and paste this line then reboot as before
C:\WINNT\System32\guard.tmp
Reboot
Rescan again now with hijack, insert a check next to each of the following, close all browser windows and click "fix checked"
O1 - Hosts: 69.20.16.183 auto.search.msn.com
O1 - Hosts: 69.20.16.183 search.netscape.com
O1 - Hosts: 69.20.16.183 ieautosearch
O1 - Hosts: 69.20.16.183 ieautosearch
O4 - HKLM\..\Run: [SESync] "C:\Program Files\SED\SED.exe"
O4 - HKLM\..\Run: [VBouncer] C:\PROGRA~1\VBouncer\VirtualBouncer.exe
Then reboot into safe mode
http://www.spyware911.net/safemode.htm
Open windows explorer, find then delete:
C:\Program Files\SED
C:\Program Files\VBouncer
reboot and post a fresh hijack log again please.