Flying Buckeye, have you gone to C:\Documents and Settings\Administrator\Application Data\Microsoft\FSX\dll.xml and changed the true to false tags for fsrecorder?
I have an entry in mine here: (i didn't put it there!) FS Recorder ModuleFalseFalseI:\Microsoft Games\FS Recorder for FSX\RecorderFSX.dll FSUIPC 4 False Modules\FSUIPC4.dll
FS Recorder Module False False I:\Microsoft Games\utilities\FS Recorder for FSX\RecorderFSX.dll