Beware ! It is not a problem for PCs with Intel processors but many AMD processors will fail. Intel uses intelppm.sys to manage power, whereas AMD uses amdk8.sys to do the same task. HP recognise that Service Pack 3 will enable intelppm.sys to run on their AMD processor systems redundantly, which can cause everything to crash. If you have an AMD processor, then firstly ensure that you have created a RESTORE point to which you can return BEFORE downloading Service Pack 3. If the download works satisfactorilly with an AMD processor, then no worry - sometimes it does, sometimes it creates huge registry problems. Microsoft seem to be aware of the problem but HP are reporting a very large number of failures.
If it does not work, then you will have to go into safe mode and restore the system to Service Pack 2, disable intellppm.sys and try again. So the advice is that if you have an AMD processor, then you should consider leaving Service Pack 2 in place for the time being, until the dust has settled. Service Pack 3 is only a consolidating update; it adds little, if any, value except providing a new benchmark.