BUG #4584: PostgreSQL service doesn't start

The following bug has been logged online:

Bug reference: 4584
Logged by: Mark Muzenhardt
Email address: mark(dot)muzenhardt(at)arcor(dot)de
PostgreSQL version: 8.3.5-2
Operating system: Windows XP professional
Description: PostgreSQL service doesn't start
Details:

I have installed the one-click-installer of PostgreSQL on a virtual machine
with a new WindowsXP professional installation (nothing but PostgreSQL is
installed). I did not get access to the database, so I began to search why.
I found, that the PostgreSQL service was not started and tried to do this by
myself. The service is refusing to run, no matter what I've tried. A
postgres-user was created by the installer and I installed PostgreSQL with
the Administrator account, so this issued can not be the problem.