Blue Screen of Death, Inspiron 6000, XP Pro

BSOD error:

Normal 0 false false false MicrosoftInternetExplorer4  

STOP: c0000218 {Registry File Failure}

The registry cannot load the hive (file):

\SystemRoot\System32\Config\SOFTWARE

or its log or alternate.

It is corrupt, absent, or not writable.

Beginning dump of physical memory

Dumping physical memory to disk:

I can't boot into Windows in any way, No Safe Mode or anything else. I ran diagnostics and got  the following error:

Error Code 2F00:0119 System Memory Failure

Does this mean that my RAM memory is bad?

Would replacing the RAM memory solve the problem?