Here's the solution to this problem temporarily.
Dowload the zip file with peq_updater.php and eqhost.txt file, install them on a webserver.
Modify the variables in the php file to your MySQL server information.
Read the info in the header of the php document to learn how this works.
I will not be providing support for this utility, but feel free to post bugs and whatnot here for as long as the moderators wish to allow it. You should already have PHP/MySQL installed if you are using the PEQ Editor on your system.
Download Zip File
Download RAR File
edit: added rar file for people who prefer it.