Explorer image thumbnail association

Okay, how about using Associate - you can download it here: http://www.vtaskstudio.com/support.php#tools it's tiny and portable.

Associate is a command-line utility for assigning file associations. 
This will allow you to double-click a file and have it 
load in the appropriate program. 
It also includes the ability to set a file type icon and startup parameters, 
and it automatically refreshes Explorer. Type "associate -?" for details. 

Syntax:       associate [extension] [program] 
Example:     associate .txt %WINDIR%\notepad.exe