If it were only that easy...to just build a DLL and host it in MTS..< s >...

Well... that by itself won't solve the problem. Additional code will need to be added to the class that creates the object context, and in turn, invokes the SetComplete and/or the SetAbort methods of the context object and other housekeeping items.

Further, a more detailed resource, such as a whitepaper might be helpful. Here is such a resource:

http://msdn.microsoft.com/library/default.asp?URL=/library/techart/MTSVFP.htm
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How about building it as a DLL and running it under MTS or Win2K Component Services.
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