Not uncommon problem - "This issue is caused by a conflict with some of the files in the 2008 version of the C run-time libraries. These libraries are part of the Visual Studio 2008 release, the version numbers start with 9.0. These libraries may be installed with several different Microsoft and third party products"
Look HERE for steps to follow (ignore that it refers to MS Access - happens to other programs too).
The penultimate solution would be to do clean install of windows - see here for guide if you have Windows 7 - then re-install all drivers, including the Logitech wheel drivers.