Note... this is for XP... I don't know about Vista. Since you don't mention either, I decided to post this anyways. Might be a good idea to update your signature.
Some applications need a little help to open files from context menus. Sometimes they won't open a file if the file happens to be in a folder within a folder, etc. I can't remember specific apps, but I've run into this before... not specifically on a T61 because I don't own one, nor with Thinkvantage System Migration since I never used it.
What you can try is setting a particular "switch" either in the Folder Options or the registry. I would try Folder Options first.
Open
My Computer > Tools > Folder Options > File Types tab.
Scroll down the list to
ZIP extension... select it, then click on
Advanced. In the Actions window, click to highlight the
open listing, then select
Edit.
In the next window, look at the command used for... "Application used to perform action"
If the command looks like this example of Photoshop...
"C:\Program Files\Adobe\Photoshop 7.0\Photoshop.exe"
Then change it to look like this...
"C:\Program Files\Adobe\Photoshop 7.0\Photoshop.exe"
"%1"
After you finish editing the line, click on Ok, (click on Ok as you close all the open windows you used for editing).
Note that the "%1" will tell the app to open any file with the zip extension no matter where it resides.
You shouldn't have to restart your computer for this command to take effect, so after editing, go ahead and test your context menu.
If this works for you, then go ahead and do the same for all the rest of the 7-zip context menu items, if needed. However, if it doesn't work, or the switch was already present, then I have no fresh ideas for you. All my apps only require the "%1" switch to open any of my files and I never had a problem using the switch.
The Registry... note that some context menus added for particular apps will have the application "greyed out" in Folder options. The only way to change them would be to edit the registry... which is not very difficult, but can be dangerous.
makai