AAHHHHH!!!!!! this is what makes me want to destroy everyone with an MS employee id!
If you are using the 32 bit version then uninstall Microsoft Update 896344 to get the FSTW to work.
Files and Settings Transfer Wizard
One truth of computing is that the crapness of a product is proportional to how high up in the organisation they start to market it.
5/7/07 The Mall