I know this is an old thread. But I just want to say that Reader Library does work fine on Windows 7 Home Premium x64. My mother runs that on her laptop and Reader Library has no issues there at all.
To be honest, I think most issues with Reader Library are due to dodgy software installed on the computer. The way to find out is to stop everything from running that isn't part of the OS so that when you boot, you have nothing running that isn't part of the OS and then try Reader Library. If it then works, you know something you've installed is at fault.
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