If you have installed VS2008 and/or VS2010 (full), you will notice that OleView is not installed!
The product team decided to remove this utility from the tools-folder.

But you the source-code is still available! You can find it under

C:\\Program Files (x86)\\Microsoft Visual Studio 10.0\\Samples\\1033\\VC2010Samples.zip

Extract the files and build (the release version of)

C++\\MFC\\ole\\oleview\\oleview.sln

Then you have the two files: oleview.exe and iviewers.dll

Also, the same problem is with the OLE-Test Container (tstcon). This application can also be found in the samples.
See also: ActiveX Test Container Application is Still Available

Here is now the offical statement for the supported runtime OS:

• Windows XP with SP2 and later
• Windows Server 2003 with SP1 and later
• Windows Vista RTM an later
• Windows Server 2008 RTM and later
• Windows 7 and later

This restrictions comes from a security desicion to have a hard dependency on EncodePointer, which is only available in the above OSes.

For more info see: Visual Studio 2010: Windows Platforms (CRT)