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It has a way to "quarry", power generation, jetpack, armor/tools, tanks, ore processing, liquid/item/energy transport, sorting, and even a little robot to do your bidding. I'd say yes :)
Sadly I don't know what else to tell you at the moment, I don't really know that much about errors for texture packs. Have you opened the zip file up and checked it to see if those files the log says are missing are actually in there? (corrupt download maybe?)
try to load the texture pack manually (download it from the thread, stick it in your resource pack folder). Don't use the launcher for it. See if that works.
I'd love something like this. I've been planning on writing something that checks the storage level of an entire array of (mek energy cubes) and uses that + level of energy stored in the reactor itself to control the control rod % of my big reactor...
so a program like that would kill off a...