[@LegendBegins] Oh yeah, you have to first run the task that builds the database tables/schema.

By default, the guild tries to connect to a local Postgres database named "guild". You'll have to create that first. (Postgres seems to be the hardest part of all this because it installs slightly different on every OS and might need some permissions tweaking.)

[pre]createdb guild[/pre]
Then run the task that sets up the database from the guild directory:

[pre]node --harmony ./server/reset_db[/pre]
And now you should be able to launch the server:

[pre]node --harmony ./server[/pre] 
You can add me on Skype ([code]dan_neu[/code]) if you want quicker/better help.