HTTP Error 500.19 - Internal Server Error

I am running Vista Ultimate. I moved a block of ASP.NET web content from my
previous XP machine to a specific location on my Vista machine, and then in
IIS Manager I reset the path of the "default web site" to that location.
When I go to IE7 and try to navigate to that content via http://localhost ,
I get the error that I have pasted below.

Any recommendations?

Thanks, Bruce

----------------------

Server Error
--------------------------------------------------------------------------------
HTTP Error 500.19 - Internal Server Error
Description: The requested page cannot be accessed because the related
configuration data for the page is invalid.

Error Code: 0x80070005
Notification: BeginRequest
Module: IIS Web Core
Requested URL: http://localhost:80/
Physical Path: C:\Users\bruce.SCHECHTER\Documents\HomePage\Inetpu b\wwwroot
Logon User: Not yet determined
Logon Method: Not yet determined
Handler: Not yet determined
Config Error: Cannot read configuration file
Config File:
\\?\C:\Users\bruce.SCHECHTER\Documents\HomePage\In etpub\wwwroot\web.config
Config Source: -1:
0:

More Information... This error occurs when there is a problem reading the
configuration file for the Web server or Web application. In some cases, the
event logs may contain more information about what caused this error.

--------------------------------------------------------------------------------
Server Version Information: Internet Information Services 7.0.