Yes, it is compatible with 050 release , grab the 11/16 update.sql also. 
Create a fresh DB. 
Source the sql from the file in this post, then the 11/16 update.sql. 
Thats all you need to do. 
Has all the table updates , includes items,spawns,loot,vendors and movement in 27 zones. 
		
	
		
		
		
		
		
		
			
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