Well, my webhost is GoDaddy.com =/

I figured out what the problem was, and it was staring me in the face the whole time. The function fopen is disabled by my webhost, and that's why Serendipity can't install the db correctly, because it can't even load the .sql files.

I've emailed my webhost and unfortunately they won't enable these ...

Yes I am using MySQL, version 3.23.49 , and yes my user account has full priviledges.

This is some of the output I get:
Creating default database setup... Done
Creating primary author 'John Doe'... Done
Setting default template...

INSERT INTO serendipity_config (name,value,authorid) values ('template', 'carl_contest', '0')

/ Table 'yazankmanasrah.serendipity_config' doesn't exist ...

Alright, I've gotten the installation to detect the settings by replacing:
ini_get(...);
with
get_cfg_var(...);

and extension_loaded(...) with the following:
$loaded_ext = get_loaded_extensions();

and then writing the following in the if conditions:
if ( in_array('extension_name',$loaded_ext ...

I'm having major problems trying to install Serendipity on a Windows IIS 6.0 host.
I don't really know where to begin finding the root cause of the problem, so if anyone has any idea's I'd be most appreciative.
Here are images describing my problem exactly:
My phpinfo() output
Serendipity install ...