Startup error message, annoying!

I receive the following:

C:\DOCUME~1\COLINK~1\LOCALS~1\Temp\6412_appcompat.txt

AppName: mmdiag.exe AppVer: 10.0.2.58 ModName: ntdll.dll
ModVer: 5.1.2600.2180 Offset: 00010c27

Logging and tracing manager has encountered a problem and needs to close. We are sorry for the inconvenience.

When I go to:

Document and Settings>Colin King>… I then I get lost, there is no Local Settings.

How do I get rid of this? I have contacted MM and they patched it through an upgrade or they ignored me. Either way it’s still here to haunt me!