OS - Windows 7 Ultimate, 32 bit.
Things I have tried:
Installed the latest version of iTunes (9.2 that is) - yes, 32-bit. No mistakes there. Oh, I did install it in so-called admin mode (right-click > run as admin thingy) It installs fine. But when attempting to run (open) the program by double-clicking I receive the aforementioned error!
Tried removing iTunes using this Windows Installer Cleanup Utility and another similar program Revo uninstaller and reinstalling iTunes with admin privileges. No luck again! Error message continues to haunt...
Tried it with a new admin user account. Heck! I receive the same error message.
Next up, I disabled my Eset antivirus and Outpost firewall pro and tried installing the program. It installs fine. But when I try to open -- Well well, no surprises there! YES I continued receiving the aforementioned error yet again!
I even tried this clean boot procedure next. Disabled all 3rd party stuff etc.. No luck again!!
Next I disabled UAC settings (after a friend's recommendation), installed the program. It installs fine. But while opening, Yes, you guessed it - it throws up this haunting error: "Error 46: Could not find or load activex control"