SharePoint 2010: Error 7043 "Load control template file /_controltemplates/TaxonomyPicker.ascx failed"


My customer recently ran into and issue with their newly installed SharePoint 2010 Server farm.  The farm is installed on Windows Server 2008 R2 with SQL Server 2008.  As for the SharePoint Servers we had SP1 and the June 2011 CU installed as well.  The below support article details the cause and the resolution for this error.  In an effort to promote the most official answer I am making this post as a search on the internet returned a few other guesses which did not lead to a resolution.