Sorry, my fault..
I missed the 'remove" part..
now the symlinks point to the correct folders...
State of the installation now:
1) No problems booting any more.
2) Agere Win Modem driver installed and dial-up connection .working.
3) Still no Live CD...'vmklive' does not create an .iso file
(actually this was the reason for opening this topic).
The Laptop is in a condition now where I can do some basic stuff.
I do not close
the thread as [SOLVED]