Why won't ActiveSync 4.5 install on a Windows 2000 Server.

When installing ActiveSync 4.5 on a Windows 2000 Server it will start the installation wizard but will not finish. When attempting to run the app from Start>All programs it will cycle through the last half of the installation wizard with the message "Please wait while Windows configures ActiveSync 4.5" then it will count down about 16 secnds and shut down. It does this every time I run the application.

I found a fix for this issure when installing it on Windows Server 2003. I added the following resource key in the regisry.
HKEY_CURRENT_USER\AppEvents\Schemes\Apps\Wcescomm\PegConnectConfirm\.current\

That doesn't fix the issue in Server 2000 unfortunately.

I've removed Active Sync 4.5 and reinstalled it. It goes right back to looping the installation and will not finish.

Thanks.