In the WaspTime install certain files in your Windows and Windows32 folder may be replaced if needed. The following files are possibly replaced as part of the WaspTime install. It is possible for permissions to get changed depending on the permissions of the folder they are copied into and the permissions of the user logged in durring install. Check the permissions on the files below and make sure that they are correct. The most likely file is msvcr71.dll. It has been known to cause these problems if one of the permissions is missing. The most usual permission to be lost is the <local>\Users permissions for read and execute.
mfc42.dll
msvcp60.dll
pg32conv.dll
sscsdk80.dll
msvcr71.dll
msvcrt.dll
filecontrolp.ocx
sc.exe