Im having the same issue..but after poking around the repack I found this in the config file. I believe it holds the answer to our problems.
# Paths
# ........Path to mysql bin folder
binpath=W:\usr\local\mysql\bin
################################################## #####
# Path to sql\updates for core (last slash not needed)#
# These will be created if they do not exist.. #
# so dont bother setting these #
################################################## #####
updpath=sql\updates
# Path to backup folder
backuppath=backup
# Settings for connection to database
user=root
pass=eqemu
axcdb=ax_classic
logindb=login
peqdb=peq
characterpath=backup\toonswap
host=localhost
port=3306
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