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I'm facing the very same issue.:-(
I tried Shawn's suggestion, uninstalled all .NET versions, rebooted, installed .NET 3.5 as described (BTW, .NET 2 SP 2 and 3 SP2 got installed too with this file). Unfortunately, this didn't help.
FYI, we're running AutoCAD LT 2008, which works flawlessy.
Any new hint about how make TrueView 2011 work?...
Thanks and greetings
--Pierre
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