Well I got the mod installed and ran the cron job to manually test it and it went through.
MySQL Backup was completed successfully with no errors.
Done
Since it said it was done with no errors that means im in the clear right? So if I pull this off my FTP and save it on my computer this will be all I need to run if something ever happens? Sorry for all the idiot questions but honestly this is the first back up I have ever done.
-Edit-
Just wanted to say that it closed my forums and opened them after the job was done no problem. Marked as Installed.