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It should take less than 1 minute to extract the zip file you downloaded. It might be a problem with your zip utility. Try using: http://www.izarc.org/
jd65, worked fine for me. Usually when something like that happens you've got a driver hanging up somewhere. Cancel the process and start over. Or re-download for the heck of it.
What happens after you double-click on the CircleDock.exe file. Can you post a screenshot? Also, ensure you have Microsoft .Net 2.0 or later on your computer. If you are unsure about that, go to http://www.microsoft.com/net/Download.aspx and download the latest version of .Net and install it.