Most people use
this, works for most but maybe not the latest copy protections. According to GCW, the game is protected with read errors and cd checks. Personally I think your copy is just fine. Iron Storm has a known problem where NOBODY can change the keys without getting dumped back to desktop, this was in the 1.0 european release, and rumored to be still present in the US 1.01 release. By now there's a patch out that should fix this, you can find it in many places, including
this one. Install the patch and see if that helps. Also remember that if you want to know whether you made a good copy, you always have to test with the originals first to see if it works with those. And just to be complete,
here you can find the nocd's should you want to play without the cd.