First step was to connect via remote control. Since that took so long to connect, I opted for kicking off a disk check and then reconnecting after an hour or so.

• Start .. Run
• Type "cmd" and press [Enter]
• Type "chkdsk /r" and press [Enter]
• Answer "Y" for yes to scan drive during next reboot
• Reboot system normally (Start .. Shutdown .. Restart)
• Chkdsk should run 5 tests on the hard drive over the next hour or so

System came up, but blue screen stop error 0x000000F4 came up. In researching this error, I found a handy article and one not so handy. The handy one comes first:
Windows XP Crashed? Here's Help A salvage mission into the depths of Windows XP, explained by a non-geek
Solved: BSOD...0x000000F4...Please Help

Luckily, after rebooting once more, the system came up fine and continued to work without any trouble. I just thought that detailed guide was nicely explained and wanted to provide a link to it in case anyone may need it in the future.