This is what I was asking myself earlier this afternoon when I tried to use the datasheet view in one of the lists I was working on. I had a bunch of tabular data to update the list with, but when I clicked the 'DataSheet' view instead of getting nice columns and rows I got a message something like this instead:
"Sorry, DataSheet view is not available. We know why, but we will give you a very vague and generalized error and let you try and figure out what's wrong yourself"
I expected it had something to do with the 64-bit environment, and after a quick Bing search I found this Microsoft Support Article that described the problem and possible fixes. I chose to download and install the missing controls, and after a quick installer run (without having to reboot or restart IE) the datasheet view is once again available on my Dev box.