No. See http://www.geekswhoknow.com/articles/windows_vista_run_as_administrator.htm

>
>I am trying to run Regsvr32 on Richtx32.ocx and having a similar problem. Do you mean, literally, type:
>
>RegSvr32 'As Admin' Richtx32.ocx
>
>???
>I am logged in as an admin user on my client's system and getting an error that the DLL was loaded, but not registered.
>