VCB 1.5 update 1 for Vsphere

hi guys

I have to install VCB 1.5 update 1 for a Vsphere Environment - it's going to be my first installation -

I want to know 2 things

1. Can I follow this to install VCB 1.5u1 for Vsphere and Virtual Center 4? 

http://kb.vmware.com/selfservice/microsites/search.do?language=en_US&cmd=displayKC&externalId=1010092

Step 5, does not mention anything for VC 4?

Create a user to execute the backups.

2.  it looks like my customer won't be using any 3 party tool with VCB someone knows/has tested if vcbMC-1.0.7 Lite version works with Vsphere? or it's only compatible with 3.5?

http://communities.vmware.com/blogs/vcbMC/2009/06/17/vcbmc107-lite-version

thanks a lot