I got a report somewhere else that it is possible to boot a MID1024 in Safe Boot. I looked around and I found a few pages with information about Safe Mode:
Androinica » How to Activate Android?s Safe Mode to Get out of a Force Close Loop
How To Use Android's Safe Mode to Save a Phone from Boot Loops - Tested
However I didn't find a way to get into Safe Mode. It would be nice to have it documented, so users could fix problem with misbehaved apps... Any ideas?