I signed up just to report my big problem and hope for a solution....
I downloaded the .70 version right away thinking it was the original, but considering it replaces everything there it seems fine.... I copied and put all the wse crap into the place you said to.. (supposed to move the file over, or doing the copy and leaving the original in its place right?).... I started the game up with wse..... I can run any other program fine (other games and other mods specifically for m&b:w), graphics card is newish, computer is 1-2 yrs old but naturally good....
I can start the game up fine, and do some stuff fine, but it quickly reverts to whenever I try to enter a battle or do something the screen kinda freezes and just starts blinking like its got something in its eye, and I can usually get it to, say, move into the battle by minimizing the game and bringing it back up - but I usually try other buttons before that approach - ends up with the blinking going on once I retreated from battle without knowing it (tab) until I minimized and reopened it. It gets extremely annoying fast so I just give up and do something else.
I also get that annoying red crap during battle for a bit, and then it just disappears on me and I don't hear a peep out of the left side of my screen until next time. ---> I can't report on other places because I never got anywhere before giving up.