I think it's a virus or spyware as there is nothing about it on google...
I would suggest trying this.
should get rid of any problems you may be having.
download update then do a full scan.
http://pack.google.com/intl/en-gb/pack_installer_new.html?ciNum=11&hl=en-gb&gl=au
the program to download is spyware doctor.
I don't care what anyone says, this is the best anti-spyware available...
I would also look at your settings on avg to make sure heuristic scanning is enabled.
This may be a new virus. The reason regcure keeps finding problems is because the virus is respawning itself.
Some viruses stay on the move in your registry and system folders to make them harder to detect.
Sounds like you got yourself a worm maybe...
Also when you find and remove the problem make sure to scheduele a disk check to repair system files. otherwise you may end up with a blue screen error.
to those that give thumbs down.
Don't be so naive.
do you think your system is clean?
I don't think so.
why don't you try it for yourself...
ps: I should add that the link I posted will only work with xp. Not vista