A couple of thoughts based on my experiences:
EDIT: Looks like I was beaten to the Repair Installation option but here's some discreet instructions.
1. Just because safe mode stops listing drivers doesn't mean that it's stopped *loading* drivers. It continues on loading subsystems in the background. Try it on a working computer. If the last file listed is the same, you're can be fairly sure that it is *not* a corrupted file. If they aren't the same, this is not a sure indicator either, but makes it more likely. Hope they aren't different though, because corruption at that level can be bad.
All hope is not lost though. Here are a couple of things to try before you go mucking around deleting files:
2. I seem to gather that you can't make it into Safe Mode, but if you can try
using System Restore
3. Try doing a
repair installation (click on "Method 2" under On This Page). This goes through and replaces key system files (including your low level drivers) and generally tries to revert the system to a known working state, while simultaneously trying to keep the registry and other system information as intact as possible. Best case scenario allows you to continue on afterwords like nothing happened. You may have to install a few of your programs though.
4. Lastly, if this doesn't work, you may prefer to reinstall windows without wiping your hard drive. If you have Ubuntu or another updated linux installation or live cd, it may be easier just to copy off your data files and wipe the drive (most modern linux distros have at least a read-only NTFS driver, a good portion have R-W drivers). If you'd prefer to do the copying in windows or you need access to windows for some reason, it is possible to reinstall windows without completely nuking the drive first. Follow the instuctions linked in (3.) except press Enter where it tells you to press R. I believe it will prompt you which file system you want to format the drive with, but select the "Leave the current file system intact" option (or something to that effect it's been a while).
I'd try at least the first 3 options before you try to fix the problem manually. Hope something of this helps.
--Ryan