VB brothers and sisters,

I created an ActiveX control and published it to the Visual Component Manager. Upon starting a new project, I opened the VCM and selected my control, and then selected "Add to Project". At this point, I get the following message: "Template failed to load correctly. Path not found: 'C:\Program Files\DEVSTUDIO\VB\Template\userctl\control.ctl'"
I do not even have a DEVSTUDIO folder on my hard drive. I am wondering if I have inadvertently deleted this folder. Can someone please enlighten me?