|The way I see it, is that any file that is "executable" (runs when double clicked on) will also run from XP command prompt. Examples would be .exe .bat .mp3 .avi etc.|
When you double click a .bin file it doesn't run so you can't do it from a DOS command line either. A bin file is rather like an image file and contains CD raw data. It therefore requires a special program in order to run it - such as BCDW, from what you said.
The same would apply, for example, to a .dll file. They are only opened by programs not command prompt because they don't "stand alone".
From a general standpoint, the mechanism in command prompt is to first put the name of an appropriate program file, one space, then the bin file. The specified program would then run the file.
some other bloke...