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Then type in the following(one at a time):
regsvr32 shdocvw.dll
regsvr32 shell32.dll
regsvr32 oleaut32.dll
regsvr32 actxprxy.dll
regsvr32 mshtml.dll
regsvr32 urlmon.dll
Once you do this, you should be able to start up IE and actually visit a webpage instead of it hitting an error.
<added>Oh, and I don't want to hear any lip from the IE haters out there, which I know that this post is going to bring. I can't help it if I am forced to use it here at work! ;)
</added>
Open NotePad and enter the following:
regsvr32 shdocvw.dll
regsvr32 shell32.dll
regsvr32 oleaut32.dll
regsvr32 actxprxy.dll
regsvr32 mshtml.dll
regsvr32 urlmon.dll
Save As... "fix-ie.bat" on your desktop. Then the next time you have an IE shut-down just click on the icon for this batch file and each of these commands will run. You may get some security nag screens from Windows depending on your settings.