Found exact same folder creation (C:\ProgramData\McAfee\MCLOGS\Common) after aborting installation of Java Runtime Environment 7u17 (the bundled software choice from ORACLE was the infamous ASK Toolbar, which I opted out of); the folder in the Common folder was named JavaSetup7u17, and the text file in that folder, titled "JavaSetup7u17000", contained very similar text to that posted above:
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'action' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'action' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'action' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'op' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'type' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'type' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'op' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'type' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'type' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'action' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ The Attribute: 'action' does not exist.
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ IsEnterpriseEnvironment - This is a PC in a consumer environment
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$
03/19/2013 05:51:53 PM$ -- (Error)$ [ msscct32.dll]$ Criteria Check failed for reading registry entry for installed version of MSS
Don't personally mind such an innocuous logfile, provided there's no interference from McAfee with the installed Norton 360 suite, but it does make one wonder about possible ethical considerations...