All Model-Glue applications start by creating a new copy of the "application template." That's the directory named "modelglueapplicationtemplate" that came in your Model-Glue .zip.
To deploy a new copy of the template, follow these steps:
Create a new directory called "translator" under your Web root.
Copy the contents of the /modelglueapplicationtemplate directory to the /translator directory.
Open /translator/config/ColdSpring.xml
Do a find and replace, changing "modelglueapplicationtemplate" to "translator"
Open /translator/config/ModelGlue.xml
Do a find and replace, changing "modelglueapplicationtemplate" to "translator"
Open /translator/Application.cfm
Do a find and replace, changing "modelglueapplicationtemplate" to "translator"
Open http://localhost/translator. You'll get a message saying that "Model-Glue is up and running!" If you don't, and you can't figure out why, now's a good time to sign up for the Model-Glue listserv and post a question.