Jason,
This looks like it could be related to a reported problem with setup/uninstall of oledb components. See the following threads to see if they help.
http://forums.microsoft.com/MSDN/ShowPost.aspx?PostID=215771&SiteID=1
http://connect.microsoft.com/VisualStudio/feedback/ViewFeedback.aspx?FeedbackID=114961
Ed
http://blogs.msdn.com/edhintz
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