Unregulated means there are no electronics in the power supply to maintain a specific voltage output. The power output of the supply could be anywhere in it's output range depending on the input voltage and the load on the supply. The output of these units isn't very stable.
Generally you wouldn't want to use an unregulated supply to power anything electronic.
You could use an unregulated supply to power light bulbs and things of that nature, since they are pretty forgiving. But I wouldn't use it to run an amp.
D