Hi Justin,
The "run scripts" is grant operations, and some creations to deploy the explorer (SAP HANA Live Browser) a tool you can use to be familiar with the model delivered by SAP Live.
https://websmp205.sap-ag.de/~sapidb/011000358700000476572013E
I don't have the SAP Note number in mind but there's some attachments points to script, I'll dig a bit.
About import the Studio. With the .tgz in hand you just log into Studio and use option File -> Import to access the wizard to import the delivery unit (.tgz). The import and activation will happens in one step.
Regards, Fernando Da Rós