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That's what I love about open-source -- it lets other people find your mistakes. :)
As I mentioned to someone from Macromedia it was a surprise to me the code didn't call coinit. It was in there at one time. It probably got misplaced while doing copy/pastes in the haste to release the project as open-source when I had to drop it because of an exclusivity clause with a new job a few years back.
At any rate, although it doesn't SAY it's different, the version of IHTK downloadable NOW was recompiled with the fix today. If I have the time this weekend I might even change the documention to reflect this. :)
--min