I had to install RSView Studio twice and factory talk twice too (or was it three times?). After the first installation, I was asked for the install disk several times too.
I am not sure it is related at all to Panelbuilder. My machine finally settled down and accepted the new software. It seems to run correctly for me now at least 80% of the time, and has not required re-installation or asked for the disks.
I have only used RSView studio for both ME and SE distributed applications about a dozen times since installation.
Each of those few times has led to varying levels of frustration and goofy errors.
I am not holding my breath, but hopefully the latest and greatest will be better (Factory Talk Studio 5.0). We just found out our support had expired, so after the boss coughs up ten grand to renew it, we will probably migrate forward carefully.
We now have a about 18 Panelview Pluses, so we are, unfortunately, stuck with some form of this awful software...
For the SE distributed stuff, we will probably switch to something reliable within a year or so. It is a high maintenance unreliable nightmare. So bad, they even had to automate the application of bubble gum and band-aids with "patch roll-ups".
I know it sounds like a fruity snack, but isn't nearly as pleasant.
Good luck
Paul