Received this error in the event logs on a Windows 7 system. Seems to be of the non-event events from Microsoft.
To resolve, rename setup.etl in %windir%\panther directory to setup.old and reboot. Note that you must have Administrator privileges to rename this file.
ren %windir%\panther\setup.etl setup.old
Report any extra information you might have to me in the comments. Thanks!