i get this problem when i try debugging anything using COM. i can create new projects and use things i have made on other computers without COM. it's not even a point to try publishing stuff with COM in at the moment. i know it wont work.
Hmm, well, I've made and consumed COM Components with mine, and It doesn't work unless I run Visual Studio as an administrator.
Also, just to be clear; Visual Studio let's you add the Shockwave componen, to the IDE, add it to the form, etc.... but gives that error when you try to run/debug it?