I've seen a ton of people trying to find this guide and saying that none of the other guides are working so I decided to put one together that is REALLY SIMPLE.
First Download the ArcEmu Core: Download Arcemu_r447.rar
Next you just open up the file and extract everything to your ascent folder (say yes to anything it asks to overwrite.
Then you can either move or delete; ascent-logonserver.exe, ascent-realmserver.exe, ascent-world.exe and all of their config files.
Then open up the folder Configs and edit those config files to what you'd like.
Now go to the sql_update folder and extract the three SQL's to somewhere convenient.
Now go to Navicat and go to the logon database and Execute batch file character_table, hten extract the other 2 into ascent.
Then Start up the server with MYsql, Apache, arcemu-logonserver, and arcemu-world and everything should work fine just like normal
There you go!