Noticed this error also.
I think there is a typo with the sql script.
But you can execute this code anyway make sure you select ragnarok as your default schema
CREATE TABLE IF NOT EXISTS `loginlog` (
`time` datetime NOT NULL DEFAULT '0000-00-00 00:00:00',
`ip` varchar(15) NOT NULL DEFAULT '',
`user` varchar(23) NOT NULL DEFAULT '',
`rcode` tinyint(4) NOT NULL DEFAULT '0',
`log` varchar(255) NOT NULL DEFAULT '',
KEY `ip` (`ip`)
) ENGINE=MyISAM DEFAULT CHARSET=latin1$$