I have noticed that about every third time or so I start up the VB6 IDE, a message box appears with the following error message:-
Method \'~\' of object \'~\
I uninstalled Visual Studio 6.0 and then re-installed it. This cleared the “Method '~' of object '~' failed” error for me. My VB 6 now appears to be functioning properly. I believe that, in my case, it has to do with several of the COM objects not being registered properly. My new machine received a ghost image from my old box which had VS on it.