http://bugs.winehq.org/show_bug.cgi?id=31334
--- Comment #5 from Roger Tolhurst roger.tolhurst@tpg.com.au 2012-08-25 16:54:35 CDT --- (In reply to comment #4)
Invalid rather than fixed, I think.
Perhaps future wine 1.4 updates or wine version updates need to come with a warning that "you may need to delete your ~/.wine folder and reinstall your wine applications after applying this update"