OH!
Well I talked myself into finding the problem and solving it without PM.
Since the program was telling me it couldn't find REGEDIT.EXE and everything in 7068 and 7127 were the same relative to REGEDIT, I made a shortcut to REGEDIT.EXE in the SysWOW64 folder and placed it into the System32 folder.
Works fine now.
BUT----------- WHY did I have to do that when it worked just fine in 7068. There is no REGEDIT.EXE in the System32 folder for either version.
This needs MS attention I think. It may however be good in 7100 as I never tried it there.