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Note that there is a new silently updated version of this game.
As can be seen for example on the trustworthy page "M&B Repository", Taleworlds has released a new updated version of the installer often referred to as the "Fall 2009 Enhanced Version" within the community.
It still reports as being version 1.011, but compared to the previous version 1.011 it has several improvements, including (quoting M&B Repository):
* DRM Free. (Doesn't includes Themida Protection)
* Includes several enhancements respect the older one.
* Extra languages included (Spanish, Turk,...).
* Optimized Game Executable (Half of the original size).
* Removed 32 Troop Type limit.
* Better Scenes. Repaired some AI meshes.
* ...

It also has improved Windows 7 compatibility, as has been stated in the Taleworlds forums.

For the M&B Repository page about this updated installer, see:
www.mbrepository.com/file.php?id=2595

It was stated in the "TLD" thread here on Cheat Happens/Mount & Blade message board that the 1.011 trainer does NOT work for this updated version 1.011.
Maybe something for @Caliber to look at?
It does after all seem this is likely the final version of this excellent game...

Indeed,

An updated trainer for this "Final Enhanced" version would be wonderful, as this version is really enhanced.

Besides, it makes the game A LOT more stable when used with very demanding mods (TLD, of course, and many others).


That being said, it's very unlikely that Cal would work again on this old title, and that would be understandable.

But I add my voice to yours, just in case...

Well, the status of this game is still flagged as "active" so it is quite possible anyway.
There is hope...

Super late reply, but since the series was just on sale in Steam, I was wondering if anyone found any workarounds to get this to work on steam? I actually went as far as to install windows 7 on my secondary HDD, and made sure it was running IE9. The trainer turned on and recognized the game, but the options did not work.

Steam, as always, decides which version of a game you will get and the only choice after that is if you want to update to what they consider "current" (often delayed or missing latest versions).
This of course causes incompatibility with mods requiring a specific version of this (or any) game, say for example if a mod is no longer being maintained.
If you wanted to be in control of your computer, you should have bought the game elsewhere (like GamersGate) so you could install or change to whichever version you wanted to at any given time using regular standalone installers.

Sorry.

I see. Well thanks for the info . It's quite fun without a trainer, but just wanted to buff up some 'companions'.