Question : Companyweb excel files in read only mode

This problem only happens on one of my terminal servers.  Everywhere else all is fine.
When opening an excel document from the companyweb we get this message. "The operating system is not currently configured to run this application"  When you click OK the document opens in read only mode outside the browser window.  It opens's line a normal Excel file but in read-only mode.
Re-installed Office, re-applied SP3, verified all user security, RDP settings and local GPF are the same as on the system that works.

Answer : Companyweb excel files in read only mode

This same thing happened to me in the past when I was out of town and really needed to update a file. The following Microsoft KB article should help.

http://support.microsoft.com/kb/870853

Good Luck.