FYI, It appears that Microstation CE Update 15.0 still works on Windows 7 Pro 64-bit, but Microstation CE Update 15.2 and Update 16 do not work on Windows 7.
If you just run the 2MB installer program that is downloaded from the Bentley website, after quite a while, you will get a message that you need a newer version of Windows.
With Mstn CE U16, if you create a deployment package, it appears to install o.k. When I opened Microstation the first time, it crashed before it even asked me what file to open.
please also see the following note under the supported OS for Connect