Thanks. I did this. I checked the iis7.log again and there are no errors, everything was successful.
I opened IE7, typed http://localhost and no site yet.
I then went to the IIS Manager, double-clicked my computer name in the "Connections" left window, then Sites, then when I went to click on "Default Web Site" I got a pop up error:
"Sites
There was an error while performing this operation.
Details:
Object reference not set to an instance of an object."
At this time, there were also no icons in the "Default Web Site Home" window area. After I pressed okay, all of the icons appear and the site right "Manage Web Site" window appears to indicate that the web server is running. I clicked the link under "Browse Web Site", it opens IE7 to http://localhost, yet still get: "Internet Explorer cannot display the webpage."
No what? It's like its working but not working, so close yet so far.