Also the development version is available and in the AUR: AUR.
Once installed, you can start Guake from the terminal with:
After guake has started you can right click on the interface and select Preferences to change the hotkey to drop the terminal automatically, by default it is set to F12.
You may want Guake to load on starting up Desktop Environment. To do this, you need to
# cp /usr/share/applications/guake.desktop /etc/xdg/autostart/
'Ctrl' Keybind Problem
As of0.4.2-7, there has been a noted bug affecting multiple users concerning the use of the 'Ctrl' key on the Keyboard Shortcuts to toggle guake visibility in the "Keyboard shortcuts" tab of guake-prefs (i.e. Users that setup 'Ctrl+Shift+z' to open the guake console can open it by pressing 'Shift+z', hence having the Ctrl key-bind irrelevant.
There is a bug in the program that stores the settings in Toggle Guake Visibility that places the Ctrl string as "<Primary>" instead of "<Control>".
The workaround is to use the command-line gconftool-2 frompackage and input the key settings into /apps/guake/keybindings/global/show_hide.
Example (to activate the guake console with Ctrl+Shift+z): # gconftool-2 -t string -s /apps/guake/keybindings/global/show_hide "<Control><Shift>z"
It would be easier to use the graphical gconftool equivalentto browse for and edit the /apps/guake/keybindings/global/show_hide string. Replace "<Primary>" in the string with "<Control>".