I'm not sure i completely understand -- can you describe in a bit more detail the phenomena?
-mouser
FARR, typing "run inetcpl.cpl", nothing happened
then set "shellexec $$1 triggering on no results", typing "inetcpl.cpl", nothing happened
win+R, typing "inetcpl.cpl", the IE properties window popup
FARR, typing "runa inetcpl.cpl", the IE properties window popup, but the "current location" was empty