Well after installing in every bottle type, I found that the newest version of gunbound, "Gunbound Revolution" requires you to sign in through the website.
So the closest I have come to running this is simply going to gunbound.com with Internet Explorer 6, choosing your region, letting the site install the game. The launcher then runs and patches. Then hit start to play.
At this point normally the anti-cheating guard runs, but I think since it does not recognize the environment, it stops itself dead there.
Easy to install.....but not able to run as far as I can find.