@Vyper - what can be restored depends on which items you have ticked at the top of the settings. Your library itself (with playcounts and playlists, etc) is the MediaMonkey.mdb file. All your settings and magic nodes are in the MediaMonkey.ini file. The scripts, skins and plugins are all in separate folders, so again it depends if you ticked these options. To restore all your should need to do is run the Restore.vbs file using Windows Script Host (this is normally the Open action, but if not use Open With...). This will copy all of the files you have backed up, back to where they came from (overwriting your incorrect or deleted files).
@Diabolic-Destiny - yes it does, if you tick the box next to "Script files".
Download my scripts at trixmoto.net
. If you're interested, check out my Uniface
All the code for my website and scripts is safely backed up immediately and for free using Dropbox