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Error: "Application Configuration Incorrect"
Symptoms of Error:

When Istaria tries to start, an error is reported that:

"C:\Program Files\Istaria\Istaria.exe (or your install folder)
This application has failed to start because the application configuration is incorrect. Reinstalling the application may fix this problem."

Cause of Error:

This error is caused by a problem with the Visual C++ libraries on your PC and may be related to an installation of Microsoft Visual Studio 2005.

Resolution:

Please download this fix from Microsoft which will update your Visual C++ libraries.
http://www.microsoft.com/downloads/details.aspx?FamilyID=200B2FD9-AE1A-4A14-984D-389C36F85647&displaylang=en