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I just tested the REG_MULTI_SZ registry read, and didn't have any problems obtaining the correct data from the key.
First, I want to make sure you are using the current build of the product, which is 6.0.1.2. You can find build details if you go to HELP->ABOUT SETUP FACTORY.
I would also like to know what your settings look like for the action. What are the contents of each of the fields for your Read From Registry action?
Madmax, I'm sorry, I had in my head the "REG_EXPAND_SZ" instead of the REG_MULTI_SZ. I have confirmed that Setup Factory 6.0.1.2 does not handle this correctly which is a bug and I have submitted a report for it to be fixed for the next update release. We're sorry for the inconvenience this is causing you.
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