specified Windows directory not accessible

[Wesley Parish]

I get this response when I try to install the VCToolkit.

[wparish@localhost wine-hdd]$ wine ./VCToolkitSetup.exe
Warning: the specified Windows directory L"C:\windows" is not accessible.
Warning: the specified System directory L"C:\windows\system" is not 
accessible.
Warning: could not find DOS drive for current working directory 
'/home/wparish/wine-hdd', starting in the Windows directory.
wine: cannot find './VCToolkitSetup.exe'

What have I missed, or misconfigured?

(I'm officially running 20040813, though I compiled and installed 20050211 
over it - I hadn't read that I should uninstall the previous wine 
installation before installing a new one. :)

Wesley Parish