Replication agents are not starting and are failing with the error: 'Replication agent is not registered properly. Rerun SQL Server setup'. What's wrong?
Registering replagnt.dll using regsvr32 fixes the problem.
replagnt.dll is present in the MSSQL7\Binn\ folder.
To register it, go to Run command from Start menu and execute:
regsvr32 MSSQL7\Binn\replagnt.dll