Never tried Backtrak or Backtrack 2, but took a look at their wiki page.
It looks like there are a lot of changes in the new version, including the installation process.
That aside, did you follow the directions on the wiki for installation?
It looks like you do not have Lilo (are they still using Lilo?) or the bootloader properly configured. Is there an entry for XP on the boot menu? In other words, did you set it up as a dual boot configuration and\or follow the directions on the wiki?
There is a good video on this from the wiki, although it may be for the older version. Did you view this video?
But to answer your question, as long as you still see the Windows partition there, did you try to boot into Windows recovery and use the fixboot and fixmbr commands to recover the master boot record?
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"I love it when a plan comes together." - Hannibal Smith