MSBuild Failed to register output

I'm trying to build a C# project but getting following error:

Please try enabling Per-user Redirection or register the component from a command prompt with elevated permissions.

As much I remember, earlier also I faced this issue and at that time I installed a patch provided given at MSDN site. But it's not working now.

I'm using Win开发者_运维百科dows 7 & VS 2008.

Execute it from a command prompt window that has been "Run as Administrator"!