Hyperion Financial Reports Run-time error '429' ActiveX error:

Hi All,
When i open a Hyperion Financial Reports i am getting an error:
Run-time error '429' ActiveX component can't create object,
If anybody having same issue, please let me know, any help will be appreciated..
Thanks

I have tried configuring and running the fix and I get a 'Build Failed' with several errors.
Client is Vista 64bit, if that matters.
Thanks for any help.
-Todd
PS I believe this is the relevant output:
hyperion.home.register:
[exec] Execute failed: java.io.IOException: CreateProcess: regedit.exe /s C
:\Hyperion\BIPlus\install\scripts/../scripts/HyperionHome.reg error=740
[delete] Deleting: C:\Hyperion\BIPlus\install\scripts\HyperionHome.reg
general.replace:
replace.install.all:
replace.install.unix:
replace.install.web.unix:
replace.install:
general.system.files:
sysfiles.deploy:
[echo] C:\Hyperion\BIPlus\install\scripts/..\system\files
BUILD FAILED
C:\Hyperion\BIPlus\install\scripts\SetupHyperionReports.xml:165: Following error
occured while executing this line
C:\Hyperion\BIPlus\install\scripts\SetupSystemFiles.xml:16: Execute failed: java
.io.IOException: CreateProcess: C:\Hyperion\BIPlus\install\scripts\..\bin\update
file.exe 0 C:\Hyperion\BIPlus\install\system\files\OLEDLG.DLL system\files C:\Wi
ndows/system32 error=740
Total time: 4 seconds

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