CRITICAL UPDATE: Application Configuration Incorrect after XP Security Update

Users running Windows XP may receive the following error.
This application has failed to start because the application configuration is incorrect. Reinstalling the application may fix this problem

June 12,2011 Update

Microsoft has released a new security update for Visual C++ 2005 SP1 Redistributable Package which overwrites kb2467175. This new patch has once again broke compatibility with X-Win32. Our engineers are working on releasing a new build which fixes this issue. For more information see http://support.microsoft.com/kb/2538242

2011 Build 144 or later fixes this issue. Build 144 is available at http://www.starnet.com/upgrade

**First uninstall the old version before installing the patched version

Background

On April 12, 2011 Microsoft released a security update for Visual C++ 2005 SP1 Redistributable Package as documented in http://support.microsoft.com/kb/2467175 X-Win32 uses this package as part of it's core libraries and the patch broke compatibility with previous versions of X-Win32.

Solution

There are several solutions/workarounds to this issue

Upgrade X-Win32

2011 Build 144 or later fixes this issue. Build 144 is available at http://www.starnet.com/upgrade

Downgrade the Visual C++ Version

Uninstall Microsoft Visual C++ 2005 Redistributable from the Control Panel
Reinstall X-Win32. X-Win32 will install the previously compatible Redistributable package without the security fix

Upgrade Your Windows

Windows Vista or Windows 7 are not affected by the Microsoft Security Update