http://bugs.winehq.org/show_bug.cgi?id=14912
--- Comment #8 from Louis Lenders xerox_xerox2000@yahoo.co.uk 2008-08-19 09:45:21 --- for me the app starts fine on a complete fresh ~/.wine doing:
rm -rf ~/.wine ( don't do that if you have valuable stuf in there, just move it away then!!!)
wget http://kegel.com/wine/winetricks && sh winetricks jet40 wget http://kegel.com/wine/winetricks && sh winetricks mfc42
Then run the installer and the app ittself
Downloaded from http://www.bhlabs.com/downloads/px/inst_PhalanxFull.exe