Managing the Wine configuration file settings can be a difficult task, sometimes too difficult for some people. That's why there are some helper applications for easily setting up an initial wine configuration file with useful default settings.
wineinstall is a small configuration tool residing as tools/wineinstall in a Wine source code tree. It has been written to allow for an easy and complete compilation/installation of Wine source code for people who don't bother with reading heaps of very valuable and informative documentation ;-)
Once you have successfully extracted the Wine source code tree, change to the main directory of it and then run (as user):
$ ./tools/wineinstall
Doing so will compile Wine, install Wine and configure the Wine environment (either by providing access to a Windows partition or by creating a properly configured no-windows directory environment).