Okay, so it's a bit confusing for me (I just got the game, first time I'm using this patch), but as I understand it the process is as follows:
1. Insert MB CD.
2. Close Japanese installer if it pops up.
3. Run Melty Blood English 1. patch, point to the setup on the CD.
4. Run Melty Blood Re-ACT FT English patch, point to the patch file (I downloaded it from this site).
Is that right?