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Delete the following directory:
/Documents and Settings/<localuser>/Local Settings/Application
Data/Microsoft/CoreCon and start the installation (highly recommended to backup before deleting)
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Look for the CLSID {1D273EC2-2A24-46fe-9F70-544B27811DF3} under
HKEY_LOCAL_MACHINE/SOFTWARE/Microsoft/VisualStudio/DeviceSDKInstaller/1.0
Look for DeviceSDKInstComp.dll(located at %ProgramFiles%/Microsoft Visual Studio
9.0/vc/vcpackages and try registering the DLL DeviceSDKInstComp.dll
Also look for the DLL DeviceSDKInstShim.dll (Run regsvr32 "%Program Files%/Microsoft Visual Studio 9.0/VC/vcpackages/DeviceSDKInstComp.dll" to register)