Q:

light version of wine

Are there light version of wine ?  I use it only for installing an executable file of windows under linux, donot use it for installing game.  Why I want a light version of it is because I am not confortable with intalling 208.2 mb wine to my poor computer. 
Note : I am using ubuntu 10.04

A:

Why I want a light version of it is because I am not confortable with intalling 208.2 mb wine to my poor computer. 

The 208.2 MB includes the base Wine framework necessary to run any Windows application or installer, no matter how small or large.  You risk your application not running or installing if you don't install the base framework.  You can try removing any -doc packages, etc.  after your application in installed and running fine. 
Briefly, no, there isn't a "light" version of Wine.