Do you start the JBoss manually and check the logfile (JBOSS_HOME/server/<configuration all|default>/log/server.log) that it is correct started without errors?
If Yes you should be able to browse localhost:8080 (if you not set the -b IP option to something different)!
That JAVA_HOME setting is not correct. The jdk-6u22-windows-i586.exe file is not the JDK, it is the installer for the JDK. If you run that EXE it will install the JDK at c:\Progam Files\Java\jdk1.6.0_22 (if you did not change the defaults), and that is what you should JAVA_HOME to. And I hope that the spaces don't cause issues (I installed the JDK at c:\apps\Java\jdk1.6.0_22).
Peter and Dieter,
Thanks a whole bunch. I got it working...tnx