is this an install over a previous version of Visio?
Were any file names given in any errpr message?
What other MS Office software do you have installed?
In other MS Office install debacles, the folder below has figured:
c:\program files\common files\ms shared\web server extensions\40\bin
Is this folder empty? If so, one of the solutions offered was to go to your XP CD and locate the file fpault.dll in I386\FP40EXT.CAB\fpault.dll
Extract that dll file into c:\program files\common files\ms shared\web server extensions\40\bin and retry the install.
This hasn't happened to me (all installed perfectly) so the suggestions are merely based on research.
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Posting Virtuoso
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since Aug 2007