How delete protected XP registry entry?

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Am running XP Pro.  I have administrator rights.

I installed a utility (PC Mag's Context Edit).  When I try to run
that utility I get a message saying says the program  cannot access a
certain registry key:

        Could not obtain KEY_QUERY_VALUE access to
When I look for this key in the registry I can find it but it is

What can I do?

Reinstalling the utility does not help.

(1) Maybe I can delete the protected key so I can do another re-
install and hopefully a non-protected key will be created.

(2)  Or maybe I should somehow give the program access to the
protected key?

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