As a test, I just installed that codec on my system yesterday to try and replicate this and never once did I receive an error or anything close to what you were describing. I have tried it with bgsound and all of our Flash applications to see if I can trigger it. I then tried to remove it and I can see the program under my Control Panel > Add Remove Programs and was able to remove it from my system.
http://www.coffeecup.com/files/forums/ffdshow.png
I can understand where you want answers to somethings but this really falls outside of support that we can provide since it has nothing to do with our products. I would say your best course of action is to talk with Dell because they had you install it or or maybe the open source community for ffdshow and see if they have any ideas why it is affecting other applications on your computer.