Internet Explorer 7 Strange Behaviour

[TmC]

Hi everybody and welcome back from holidays

Today i have a problem with Internet Explorer 7(please don't tell me to drop it and go Firefox).
A best friend of mine installed it(actually a slightly modded version done by his ISP with IEAK) and everytime he starts it, he keeps getting this page (http://go.microsoft.com/fwlink/?LinkId=74005) that leads to the internet explorer first time configuration (Search Provider/Clear Type/Language/Anonymous Statistics).

He then saves them and when he closes the browser and starts it back again, he keeps always getting that page, no matter what the home page is.

No javascript errors at all, everything seems ok, but seems like IE is not able to save the settings and just keeps asking user input everytime.

I did a rapid google search but no lunk, the search seems to point nowhere, noone else had this problem (strange?).

Before attaching a debugger and trying to figure out what the problem is, I wanted to share this problem with you, maybe we can come up with a solution.

Thanks to everybody