access denied, unable to connect to printer

Windows XP Pro

Network Printers

Setup and install the printer, get prompted for ID and Password...all's good.
Make sure to check the "save password".

Once the printer is installed all works fine until I go and log off or reboot.  Once I do this, I get "access denied, unable to connect to printer" as the status and I cannot print.   I have found some references at other websites and have checked all of the settings (ex..  restrictanonomous is set to 1 in the registry and not set to 2).

Any ideas on how I can rectify this error ?