Excel 2007 opens in safe mode every other time on terminal server

On one of our terminal servers (server 2003 standard edition, patched) every other time we open Excel, it prompts to open in safe mode. We have already disabled every add-on, unregistered and re registered excel.exe and followed all the options in this kb: http://support.microsoft.com/kb/919196
Now I am just plain old pissed off. What the hell is going on here?
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JP_TechGroupAsked:
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JP_TechGroupAuthor Commented:
Found the answer here. Applied the Word issue to the Excel keys.
http://www.office-outlook.com/outlook-forum/index.php?t=msg&th=34286/
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JP_TechGroupAuthor Commented:
Found the resolution and posted it.
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