Is there anything special you have to do if you want to run the console under Windows Vista? I installed the console, not the agent, on my workstation to manage 2 servers running the agent. I had no problems until I ran the 7.01 install to update my 7.0 installation. After it ran through the update and asked me to reboot, I tried to start the console and it gave me the error listed in this thread.
I don't have the security configuration setup on the system as only the console and image viewer were selected to install. I also don't see the batch file listed in the thread either. I am listed as an administrator on the system.