In your case I wouldn't use it for the "[Configuration]" section of wincmd.ini
I'd take a perusal through your wincmd.ini look for sections that contain absolute paths. Like History or such and RedirectSection=TCUsage.ini (or such)
I don't really use Redirect options, though I may to keep it clean of usage info, like opened tabs, history, searches, etc... Things that would keep the the wincmd.ini cleaner.
Personally, what I do, is just do a search/replace in my files periodically.
Edit: wincmd.ini
Search: C:\User\Foo\Application Data\GHISLER\
Replace: %APPDATA%\GHISLER\
When I install, I select the option that saves the INI to ApplicationData instead of System32 or ProgramInstall Folder.
Sometimes things also get set to one of the junctions I have:
C:\Programs\TotalCMD\Data --> C:\User\Foo\Application Data\GHISLER
So I'll
Search: C:\Programs\TotalCMD\Data
Replace: %APPDATA%\GHISLER
Save out the INI, and except for maybe some history et al, everything is pointing to the right place.
Since no matter what USER or Machine YOU use, just make sure they all have a GHISLER, or TotalCMD folder, i.e.
\Documents and Settings\YOURNAME\Application Data\GHISLER OR
\Documents and Settings\YOURNAME\Application Data\TotalCMD (etc)
Then a quick edit of the wincmd.ini and its usable pretty much anywhere.
Keep your Plugins in a directory like:
\Documents and Settings\YOURNAME\Application Data\GHISLER\Plugins\
etc, in my case that's
C:\Users\FOO\Application Data\GHISLER\Plugins
Toolbars, Menus, etc... all subdirs of GHISLER
NOTE: Junctions are another way to keep everything pointing to the right place. If you put your wincmd.ini in C:\Programs\TotalCMD\Data\wincmd.ini
Where "Data" is just a junction to:
--> C:\User\AtHOME1\Application Data\GHISLER
And on your other machine, C:\Programs\TotalCMD\Data is a junction to:
--> C:\User\AtWORK1\Application Data\GHISLER
Now pretty much in your wincmd.ini can point thru to C:\Programs\TotalCMD\Data ... and so long as you keep your plugins/etc sync'd on both machines, your wincmd.ini will reference the same things on both machines.
This latter part, junctioning thru to the AppData folder, only really works if you are the only user on the machine. Which in my case I am, but I have a few different logins, thus to keep things neat, I prefer the former, and just keep the wincmd.ini referencing %APPDATA% for the most part.