diff --git a/reactos/ntoskrnl/ex/init.c b/reactos/ntoskrnl/ex/init.c
index 6fbd3f32bc6..b445f99d80b 100644
--- a/reactos/ntoskrnl/ex/init.c
+++ b/reactos/ntoskrnl/ex/init.c
@@ -367,6 +367,38 @@ ExInit3(VOID)
     ExpInitUuids();
 }
 
+ULONG
+NTAPI
+ExComputeTickCountMultiplier(IN ULONG ClockIncrement)
+{
+    ULONG MsRemainder = 0, MsIncrement;
+    ULONG IncrementRemainder;
+    ULONG i;
+
+    /* Count the number of milliseconds for each clock interrupt */
+    MsIncrement = ClockIncrement / (10 * 1000);
+
+    /* Count the remainder from the division above, with 24-bit precision */
+    IncrementRemainder = ClockIncrement - (MsIncrement * (10 * 1000));
+    for (i= 0; i < 24; i++)
+    {
+        /* Shift the remainders */
+        MsRemainder <<= 1;
+        IncrementRemainder <<= 1;
+
+        /* Check if we've went past 1 ms */
+        if (IncrementRemainder >= (10 * 1000))
+        {
+            /* Increase the remainder by one, and substract from increment */
+            IncrementRemainder -= (10 * 1000);
+            MsRemainder |= 1;
+        }
+    }
+
+    /* Return the increment */
+    return (MsIncrement << 24) | MsRemainder;
+}
+
 BOOLEAN
 NTAPI
 ExpInitSystemPhase0(VOID)
@@ -574,12 +606,12 @@ ExpInitializeExecutive(IN ULONG Cpu,
     /* Setup system time */
     KiInitializeSystemClock();
 
-    /* Initialize the second stage of the kernel */
-    KeInit2();
-
     /* Initialize the executive at phase 0 */
     if (!ExInitSystem()) KEBUGCHECK(PHASE0_INITIALIZATION_FAILED);
 
+    /* Break into the Debugger if requested */
+    if (KdPollBreakIn()) DbgBreakPointWithStatus(DBG_STATUS_CONTROL_C);
+
     /* Set system ranges */
     SharedUserData->Reserved1 = (ULONG_PTR)MmHighestUserAddress;
     SharedUserData->Reserved3 = (ULONG_PTR)MmSystemRangeStart;
@@ -611,10 +643,7 @@ ExpInitializeExecutive(IN ULONG Cpu,
      */
     ExpNlsTableSize += 2 * PAGE_SIZE; // BIAS FOR FREELDR. HACK!
 
-    /*
-     * Allocate the table in pool memory, so we can stop depending on the
-     * memory given to use by the loader, which is freed later.
-     */
+    /* Allocate the NLS buffer in the pool since loader memory will be freed */
     ExpNlsTableBase = ExAllocatePoolWithTag(NonPagedPool,
                                             ExpNlsTableSize,
                                             TAG('R', 't', 'l', 'i'));
@@ -661,8 +690,7 @@ ExpInitializeExecutive(IN ULONG Cpu,
     if (!ObInit()) KEBUGCHECK(OBJECT_INITIALIZATION_FAILED);
 
     /* Load basic Security for other Managers */
-    if (!SeInit1()) KEBUGCHECK(SECURITY_INITIALIZATION_FAILED);
-    if (!SeInit2()) KEBUGCHECK(SECURITY1_INITIALIZATION_FAILED);
+    if (!SeInit()) KEBUGCHECK(SECURITY_INITIALIZATION_FAILED);
 
     /* Set up Region Maps, Sections and the Paging File */
     MmInit2();
@@ -671,16 +699,26 @@ ExpInitializeExecutive(IN ULONG Cpu,
     if (!ObInit()) KEBUGCHECK(OBJECT_INITIALIZATION_FAILED);
 
     /* Initialize the Process Manager */
-    PspInitPhase0();
+    if (!PsInitSystem()) KEBUGCHECK(PROCESS_INITIALIZATION_FAILED);
 
-    /* Break into the Debugger if requested */
-    if (KdPollBreakIn()) DbgBreakPointWithStatus (DBG_STATUS_CONTROL_C);
+    /* Calculate the tick count multiplier */
+    ExpTickCountMultiplier = ExComputeTickCountMultiplier(KeMaximumIncrement);
+    SharedUserData->TickCountMultiplier = ExpTickCountMultiplier;
 
-    /* Initialize all processors */
-    HalAllProcessorsStarted();
+    /* Set the OS Version */
+    SharedUserData->NtMajorVersion = NtMajorVersion;
+    SharedUserData->NtMinorVersion = NtMinorVersion;
 
-    /* Do Phase 1 HAL Initialization */
-    HalInitSystem(1, KeLoaderBlock);
+    /* Set the machine type */
+#if defined(_X86_)
+    SharedUserData->ImageNumberLow = IMAGE_FILE_MACHINE_I386;
+    SharedUserData->ImageNumberHigh = IMAGE_FILE_MACHINE_I386;
+#elif defined(_PPC_) // <3 Arty
+    SharedUserData->ImageNumberLow = IMAGE_FILE_MACHINE_POWERPC;
+    SharedUserData->ImageNumberHigh = IMAGE_FILE_MACHINE_POWERPC;
+#elif
+#error "Unsupported ReactOS Target"
+#endif
 }
 
 VOID
@@ -698,6 +736,15 @@ ExPhase2Init(PVOID Context)
     /* Set us at maximum priority */
     KeSetPriorityThread(KeGetCurrentThread(), HIGH_PRIORITY);
 
+    /* Initialize the second stage of the kernel */
+    KeInit2();
+
+    /* Initialize all processors */
+    HalAllProcessorsStarted();
+
+    /* Do Phase 1 HAL Initialization */
+    HalInitSystem(1, KeLoaderBlock);
+
     /* Initialize Basic System Objects and Worker Threads */
     ExInit3();
 
diff --git a/reactos/ntoskrnl/ex/time.c b/reactos/ntoskrnl/ex/time.c
index 5671b7e755e..bc618fd82a1 100644
--- a/reactos/ntoskrnl/ex/time.c
+++ b/reactos/ntoskrnl/ex/time.c
@@ -25,6 +25,7 @@
 TIME_ZONE_INFORMATION ExpTimeZoneInfo;
 LARGE_INTEGER ExpTimeZoneBias;
 ULONG ExpTimeZoneId;
+ULONG ExpTickCountMultiplier;
 
 /* FUNCTIONS ****************************************************************/
 
diff --git a/reactos/ntoskrnl/include/internal/ex.h b/reactos/ntoskrnl/include/internal/ex.h
index 39fa724ca3e..caa6aab5659 100644
--- a/reactos/ntoskrnl/include/internal/ex.h
+++ b/reactos/ntoskrnl/include/internal/ex.h
@@ -6,6 +6,7 @@
 extern TIME_ZONE_INFORMATION ExpTimeZoneInfo;
 extern LARGE_INTEGER ExpTimeZoneBias;
 extern ULONG ExpTimeZoneId;
+extern ULONG ExpTickCountMultiplier;
 extern POBJECT_TYPE ExEventPairObjectType;
 extern ULONG NtBuildNumber;
 extern ULONG NtMajorVersion;
diff --git a/reactos/ntoskrnl/include/internal/ntoskrnl.h b/reactos/ntoskrnl/include/internal/ntoskrnl.h
index bd3859d3cab..ba21d3fe351 100644
--- a/reactos/ntoskrnl/include/internal/ntoskrnl.h
+++ b/reactos/ntoskrnl/include/internal/ntoskrnl.h
@@ -64,7 +64,6 @@ VOID IoInit(VOID);
 VOID IoInit2(BOOLEAN BootLog);
 VOID NTAPI IoInit3(VOID);
 BOOLEAN NTAPI ObInit(VOID);
-VOID PsInit(VOID);
 VOID CmInitializeRegistry(VOID);
 VOID NTAPI CmInitHives(BOOLEAN SetupBoot);
 VOID CmInit2(PCHAR CommandLine);
diff --git a/reactos/ntoskrnl/include/internal/ps.h b/reactos/ntoskrnl/include/internal/ps.h
index e62e472242d..2b26031037b 100644
--- a/reactos/ntoskrnl/include/internal/ps.h
+++ b/reactos/ntoskrnl/include/internal/ps.h
@@ -81,7 +81,7 @@ PspShutdownProcessManager(
 
 BOOLEAN
 NTAPI
-PspInitPhase0(
+PsInitSystem(
     VOID
 );
 
diff --git a/reactos/ntoskrnl/include/internal/se.h b/reactos/ntoskrnl/include/internal/se.h
index a158320434f..112deace2fb 100644
--- a/reactos/ntoskrnl/include/internal/se.h
+++ b/reactos/ntoskrnl/include/internal/se.h
@@ -86,11 +86,7 @@ extern PSECURITY_DESCRIPTOR SeUnrestrictedSd;
 /* Functions */
 BOOLEAN
 NTAPI
-SeInit1(VOID);
-
-BOOLEAN
-NTAPI
-SeInit2(VOID);
+SeInit(VOID);
 
 BOOLEAN
 NTAPI
diff --git a/reactos/ntoskrnl/ps/psmgr.c b/reactos/ntoskrnl/ps/psmgr.c
index 158a443db72..a02e4398ad4 100644
--- a/reactos/ntoskrnl/ps/psmgr.c
+++ b/reactos/ntoskrnl/ps/psmgr.c
@@ -397,6 +397,14 @@ PspInitPhase0(VOID)
     return TRUE;
 }
 
+BOOLEAN
+NTAPI
+PsInitSystem(VOID)
+{
+    /* For now, do only Phase 0 */
+    return PspInitPhase0();
+}
+
 /* PUBLIC FUNCTIONS **********************************************************/
 
 /*
diff --git a/reactos/ntoskrnl/se/semgr.c b/reactos/ntoskrnl/se/semgr.c
index da9b141d681..9f3f82740fc 100644
--- a/reactos/ntoskrnl/se/semgr.c
+++ b/reactos/ntoskrnl/se/semgr.c
@@ -27,8 +27,7 @@ static ERESOURCE SepSubjectContextLock;
 static BOOLEAN SepInitExports(VOID);
 
 #if defined (ALLOC_PRAGMA)
-#pragma alloc_text(INIT, SeInit1)
-#pragma alloc_text(INIT, SeInit2)
+#pragma alloc_text(INIT, SeInit)
 #pragma alloc_text(INIT, SepInitExports)
 #endif
 
@@ -37,7 +36,7 @@ static BOOLEAN SepInitExports(VOID);
 BOOLEAN 
 INIT_FUNCTION
 NTAPI
-SeInit1(VOID)
+SeInit(VOID)
 {
   SepInitLuid();
 
@@ -58,30 +57,20 @@ SeInit1(VOID)
   /* Initialize the subject context lock */
   ExInitializeResource(&SepSubjectContextLock);
 
+  /* Initialize token objects */
+  SepInitializeTokenImplementation();
+
+  /* Clear impersonation info for the idle thread */
+  PsGetCurrentThread()->ImpersonationInfo = NULL;
+  PspClearCrossThreadFlag(PsGetCurrentThread(), CT_ACTIVE_IMPERSONATION_INFO_BIT);
+
+  /* Initailize the boot token */
+  ObInitializeFastReference(&PsGetCurrentProcess()->Token, NULL);
+  ObInitializeFastReference(&PsGetCurrentProcess()->Token,
+      SepCreateSystemProcessToken());
   return TRUE;
 }
 
-
-BOOLEAN
-INIT_FUNCTION
-NTAPI
-SeInit2(VOID)
-{
-    /* Initialize token objects */
-    SepInitializeTokenImplementation();
-
-    /* Clear impersonation info for the idle thread */
-    PsGetCurrentThread()->ImpersonationInfo = NULL;
-    PspClearCrossThreadFlag(PsGetCurrentThread(), CT_ACTIVE_IMPERSONATION_INFO_BIT);
-
-    /* Initailize the boot token */
-    ObInitializeFastReference(&PsGetCurrentProcess()->Token, NULL);
-    ObInitializeFastReference(&PsGetCurrentProcess()->Token,
-                              SepCreateSystemProcessToken());
-    return TRUE;
-}
-
-
 BOOLEAN
 NTAPI
 SeInitSRM(VOID)