Hi,
could be a version problem? php version 5.3.6 / pdo 5.5.11 / mysql 5.5.11 --> what versions do you use?
got php 5.3.0. / mysql 5.1.37 / pdo is the same according to phpinfo() but I don't know about that stuff.
Always testing with error_reporting E_ALL, no warnings or errors here.
regards
Edit:
Btw, seems there is a problem with error reporting settings in wb

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I tried installation on an newer system and got some of the errors you described. So I guess you are assuming right. I found that:
- TYPE isn't supported by myisam any longer, use ENGINE (that's what you already tried)
- it seems a Table name is too long. For mysql 64 bytes are ok but here 60 characters are too log, so cut it.
- replaced depreciated ereg by strpos, but that shouldn't had stopped module from working.
Maybe you give version 1.1a another try

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