Here are the steps you need to make sure you do for your installation:

1. Add these merge models to setup project from C:\Program Files\Common
Files\Merge Modules:

Database_Access.msm
Database_Access_enu.msm
Managed.msm
regwiz.msm

2. The following merge models should have been added automatically to the
setup program, if not, add them:

VC_CRT.msm
VC_STL.msm

3. Add the CR license key to the license key property under
MergeModuleProperties in the properties window for regwiz.msm. The key can
be found in the help/about MS Dev env. dialog in Visual Studio. Highlight
the "Crystal Reports for Visual Studio .NET" line, copy info, past into
notepad and then cut-and-paste just the key number into the property.

Here are some articles that address your problem:

http://support.crystaldecisions.com/library/kbase/articles/c2010681.asp

http://groups.google.com/groups?q=if+you+use+crystal+reports+with+vs7&hl=en&lr=&ie=UTF-8&oe=UTF8&selm=%2304KX9mpBHA.2164%40tkmsftngp03&rnum=1



>I would assume it is .NET, because I installed it using the .NET CDs. Here are the references I have added to my application:
>CRVsPackageLib
>CrystalDecisions.CrystalReports.Engine
>CrystalDecisions.ReportSource
>CrystalDecisions.Shared
>CrystalDecisions.Web
>
>I don't know why this one didn't capitalize the C and D
>crystaldecisions.windows.forms
>
>CrystalEnterpriseLib
>CrystalInfoStoreLib
>CrystalKeyCodeLib
>CrystalPluginMgrLib
>CrystalReportPluginLib
>KEYCODEV2Lib