I could have sworn I just posted a message but I don't see it. If this is a duplicate please forgive me!
Well, I have the solution after several more hours of research and time on the phone with a VERY patient Tech named Rod at Blackberry RIM Customer Service.
JSanders, you had the answer I just didn't Right Click often enough I guess! Anyhow, here is the long and short of it for those who still have a problem or might have one in the future.
This is a solution for "Error Code 2738 Could not access VBScript run time for custom action."
Click on Windows "Start",
Right click on Command Prompt,
Right click on Run as Administrator,
Click Continue in the Windows Needs Your Permission to Continue box (Vista)
You will see the following:
Type the following: regsvr32 vbscript.dll
hit the return key
You should be good to go
When running the application, run it using the right click run as Administrator option also.
I hope this helps and thanks again to all who helped earlier.