You need to register AxInterop.XVIDEOOCXLib.dll
But If it has Interop prefix that menas you are looking at the unextracted source files. So you need to run the installer first if there is no errors you have to search your comp for XVIDEOOCXLib.dll and register that file. If you cant find that file try regitring both:
AxInterop.XVIDEOOCXLib.dll
XVIDEOOCXLib.dll
technicaly they should be placed in the app root directory or in System32 directory.
PS: I think library is using DirectX 8.1 and is that is the case I dont think vista has those files? I think vista only comes with DX9, 10 files so that could couse the probelm too