I followed the instructions in Doc 274398. Afterwards I checked the Installed Updates in Backup Exec and it still had None. I checked the bkupinst.log and the last entries were:
05-18-2005,09:09:06 : Executing CheckPatchDependencies.
05-18-2005,09:09:06 : Executing GetProductGuid.
05-18-2005,09:09:06 : Executing GetDependentPatches.
05-18-2005,09:09:06 : Executing CheckForDependencies.
05-18-2005,09:09:06 : All dependencies have been met for this patch.
05-18-2005,09:09:06 : Executing GetProductGuid.
05-18-2005,09:09:06 : Checking to see if the user has administrator privileges.
05-18-2005,09:09:06 : Checking to see if the Backup Exec UI is running.
05-18-2005,09:09:06 : Executing BE_SetCAData.
05-18-2005,09:09:06 : Executing BEMain_PrepBEMain. Preparing BE Media Server components.
05-18-2005,09:09:06 : Executing CopySAPR3MediaToAgentsDir
05-18-2005,09:09:06 : Executing MakeBEDBBakFile.
05-18-2005,09:09:06 : Executing SetRegKeys.
05-18-2005,09:09:06 : Executing RAMain_PrepRAMain. Preparing Remote Administrator Console components.
05-18-2005,09:09:06 : Executing CopyRAWS32Media
05-18-2005,09:09:06 : Executing CopyRAWS64Media
05-18-2005,09:09:06 : Executing SetRAMainRegKeys.
05-18-2005,09:09:06 : Executing RASideBySideCheck
05-18-2005,09:09:06 : Executing RAMain EnumkeyUpdate.
05-18-2005,09:09:06 : Executing RAMain EnumkeyUpdate.
05-18-2005,09:09:06 : Executing RAMain_PrepDLOClient. Preparing DLO Console components.
05-18-2005,09:09:06 : Executing CopyDLOAgentMedia
05-18-2005,09:09:06 : Executing BEMain_PrepDLO.
05-18-2005,09:09:06 : Executing CopyVC71Files
05-18-2005,09:09:08 : Executing AutoLdr_PrepAutoLdr. Preparing Auto Loader components.
05-18-2005,09:09:08 : Executing NetCHGR_AddToServiceGroup.
05-18-2005,09:09:08 : Executing VSD_InstallVSDTable.
05-18-2005,09:09:10 : Executing CHGR_CopySCSIDriver.
05-18-2005,09:09:10 : Executing CHGR_CopyOEMSetup.
05-18-2005,09:09:10 : Executing CHGR_SaveInstallInfo.
05-18-2005,09:09:10 : Executing IsSBS()
05-18-2005,09:09:10 : Not a Small Business Server.
05-18-2005,09:09:32 : Executing SetMSMInstallDir
05-18-2005,09:09:32 : Executing SetBewsaTargetProperty.
05-18-2005,09:09:32 : BEWSATARGET.52386FC2_5A96_4505_896E_E5A5D41757DC