Fixing iKernel.exe/Installshield error

I recently ran into this iKernel.exe error while trying to install Dreamweaver on my lappy.
It read "The Installshield engine could not be launched. %1 ikernel.exe is not a valid Win32 application"
The same error popped up while trying to install another application. So I decided to look it up and I managed to find a simple solution for the same and this solution works for most of the other iKernel.exe or Installshield errors as well!

Simply head over to C:/Program Files/Common Files/Installshield and delete the 'Engine' folder. Then empty it from recycle bin!
Try the installation again and you should be golden! :)