TaskMaster Startup Trouble

[merb]

I just downloaded the latest TaskMaster and I'm having trouble even running the program (oh noes!). Basically, I edited the db.txt file correctly, then when I run the program, it opens. So I click Main > Connect and I get this in the debug:

[07.19.09 - 19:56:51] EQEmuErrorLog Init Successful.
[07.19.09 - 19:56:51] Creating Menus.
[07.19.09 - 19:56:51] Creating Sizer.
[07.19.09 - 19:56:51] Creating Item List Box.
[07.19.09 - 19:56:51] Adding Item List Box to Sizer.
[07.19.09 - 19:56:51] Creating Notebook Backing.
[07.19.09 - 19:56:51] Creating Panels.
[07.19.09 - 19:56:51] Adding Panels to Notebook Backing.
[07.19.09 - 19:56:51] Adding elements to General Page
[07.19.09 - 19:56:51] Adding elements to Activities Page
[07.19.09 - 19:56:51] Adding elements to Goals Page
[07.19.09 - 19:56:51] Adding elements to Proximities Page
[07.19.09 - 19:56:51] Adding Notebook to Sizer.
[07.19.09 - 19:56:51] Setting Frame Sizer.
[07.19.09 - 19:56:51] Calculating Frame Layout.
[07.19.09 - 19:57:09] Connect to database requested.
[07.19.09 - 19:57:11] MySQL Connection Error: Unknown MySQL server host 'host=localhost' (11004)

My concern is this:

[07.19.09 - 19:57:09] Connect to database requested.
[07.19.09 - 19:57:11] MySQL Connection Error: Unknown MySQL server host 'host=localhost' (11004)

So why can't the program connect? I probably made a simple mistake, but thanks in advance!

EDIT: Sorry, forgot to include that I have tried moving the libmySQL.dll to system32 and keeping it in the original folder.