i had this same problem and i figured out that you need your unpacked DB files in the BIN folder for mysql. The default path (and not mentioned quite clearly in the setup guides) creates a folder IN a folder once you chose the bin extension that you want it to DL and Unzip your DB and map files. Be sure to cut and paste those MySQL DB files from those created folders to go in the MySQL BIN folder directly.
i.e. C:programfiles\MySQL\Mysqlserver5.0\bin
THAT is what path you want the sourceing files to go into.
If you dont move them from the created folders made from the unzip process...you will get a path like this:
C:programfiles\MySQL\Mysqlserver5.0\bin\projecteqd b\peqdb
or something like that...but what I found is that when you try to source the files when they are buried deep past the Mysql BIN folder...it gives you these Errors of "failed to open". So CHeck the location of your sourced DB and Player files and make sure they are in the mysql BIN folder, not extended in other folders IN the bin folder
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