%SystemRoot%\system32;%SystemRoot%;%SystemRoot%\System32\Wbem;D:\j2sdk1.4.2\bin
I would recommend adding a new variable called JAVA_HOME and set the value of this variable as
d:\j2sdk1.4.2 (or whatever your drive is) and then in the classpath change
d:\j2sdk1.4.2\bin to
%JAVA_HOME%\bin - This would help when it comes to changing the J2SDK version you are using and you will only need to update the JAVA_HOME variable.
HTH