well i have only worked with vs 6.0
is there any package and deployment tool available with vb5.0?
if its then u can proceed with it. just follow my previous reply to this thread.
otherwise u can download and install any third party installer from the net. there is one that i can tell is Setup Factory. this installer package has inbuilt support for vb applications both for vb5 and 6. so make a search in google with "setup factory" and try it.