Internet Information Services - INETINFO.EXE
Inetinfo.exe is a service that installs as part of Microsoft's Personal Web Service or as part of Microsoft's Internet Information Server (IIS). It allows administration of Web and FTP services through the Internet Information Services snap-in. It is most commonly used as a debugging tool. We'd recommend leaving this file in place.
A description of services that run under svchost in Windows XP can be found at http://support.microsoft.com/default.aspx?scid=kb;en-us;314056.
A description of default services running under Winodws can be found at http://support.microsoft.com/default.aspx?scid=kb;en-us;Q250320.
Service
Microsoft