I'm pretty sure you need to change all those entires like <dbname> to be an actual value, for instance <dbname> would be the user name that you use to connect to the database. If it's the same database server that you're using for vbulletin, then I guess they would be the same values that you have in your config.php.
ETA: oh, I just looked at the "out of the box" values and I see that you did change them...so where did you get those values? They look kind of strange with <> aoround them.
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