the MBR is the very first 512 bytes of the hard disk. It has code to make the computer locate and boot the operating system.
If you botch this up, the hard disk may still have an installed OS, but it won't be able to load and run it.
The fix to rewrite the MBR is to boot from a dos or windows 98 boot floppy with the fdsk program installed and run
fdisk /mbr
as much as people like to rip on microsoft, they actually have decent enough, something linux clowns still can't figure out.