I've deleted the "Live" Folder in the install directory to try and see what doesn't download.
Okay, it's hanging. I'll post screenshots.
Data is filled with a bunch of empty folders. :/
I've left it hanging for about an hour now. The blue bar is filled but the yellow bar is empty.
The thing that grabbed my eye immediately was the "empty" .exe for NAE. :)
EDIT: I looked in Task Manager. The NAE patcher doesn't seem to be using any Internet on my end. It's writing something, but that's it.