Hi,
Got this error while installing CRM 4.0.
Two possible resolution for it
http://ronaldlemmen.blogspot.com/2008/01/failure-at-microsoftcrmsetupcommonregis.html
http://blog.kazmarek.com/2008/02/06/crm-40-installation-error-registerasyncserviceaction-failed/
Restarting the server didn’t solve the problem. Than tried rebuilding the performance counter.
To rebuild all Performance counters including extensible and third-party counters in Windows Server 2003, type the following commands at a command prompt. Press ENTER after each command.
