When I try to insert a Visio drawing as an object in Word 2007 (or any office 2007 product) I get the message "The program used to create this object is Visio. That program is not installed on your computer. To edit this object, you must install a program that can open the object." I've installed, uninstalled, and reinstalled Visio 2010 and the problem didn't go away.
I am trying to insert the drawing from the insert tab on the ribbon, under the object menu, from the "create from file" tab with the "link to file" option selected.