Handler "Shibboleth" has a bad module "ManagedPipelineHandler" in its module list

[Peter Schober]

* jadvizr <jeff at advizr.com> [2014-06-12 23:57]:
> After installing SP, I go to http://localhost/Shibboleth.sso/Status, but I
> receive the following error:
> 
> HTTP Error 500.21 - Internal Server Error
> Handler "Shibboleth" has a bad module "ManagedPipelineHandler" in its module
> list

Did you try a web search on 'ManagedPipelineHandler'?

What MS-Windows version is this on?
What version of MS-IIS is this for?
What installer did you use?
etc.

-peter