I've had some troubles with this as well some days ago. After some times I managed to sort it out though. Here is what I did.
Downloaded M&B 1.011 from Taleworlds.
Installation path: C:\Program Files (x86) Downloaded the editor. Installation path: C:\Program Files (x86)\Mount&Blade (Simply in the Mount&Blade folder).
Replaced the parties, world and world icon files with the onces from Warband.
The rest should stay as it is and it should work fine.
Check this page on the thread itself, it includes a handy small "tutorial".
Downloaded M&B 1.011 from Taleworlds.
Installation path: C:\Program Files (x86) Downloaded the editor. Installation path: C:\Program Files (x86)\Mount&Blade (Simply in the Mount&Blade folder).
Replaced the parties, world and world icon files with the onces from Warband.
The rest should stay as it is and it should work fine.
Check this page on the thread itself, it includes a handy small "tutorial".
