The C# team posts answers to common questions and describes new language features
Where you once used Regsvr32 on unmanaged COM libraries, you will now use Regasm on managed .NET libraries.
“Regsvr32 is the command-line tool that registers .dll files as command components in the registry“
If you want to register an assembly programmatically, see the RegistrationServices class and ComRegisterFunctionAttribute
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Is it similar to gacutil?What is the difference btw regsvr32.exe and gacutil.exe
you can use gacutil.exe only when you used a strong name key pair. else use regsvr32. Both are used only to register dll files and not com components