CRC = Cyclic Redundancy Check, a way to calculate a hash/check-sum of data to validate the file is not corrupted.
If you have a problem with installing anything from GamersGate, try deleting the relevant directory under GamersGate temporary files, and executing the installer again. It should be under your Documents folder somewhere. This will cause it to download the game again. It worked for me with ArmA 2, which is why I'm pretty sure the GG installer doesn't do any kind of check-sum on its files, which makes file corruption a possibility.