Hi Phr0stByte, I just also ran a test using Ubuntu 11.4 and did not see any problems there either.

Are you possibly trying to install the v2 trial version instead of the just released v3 beta version?

Or are you maybe running on some older version of Ubuntu?

Also how did you install Wine, I used this:
sudo apt-get install wine1.3

That pulls in a variety of support libraries. If you used some other method for installing it maybe you did not get some kind of support libraries that are needed for some portions of Wine to function properly.

- Michael