Within Wrye Bash, on the Mods tab, in the right pane, there is a windowed section titled "Masters:"
I have 1 or 2 esp's that reference an old name "Master (esp/esm)" file, case in point, a CM Partners partner addon called Moon Elves (FileID on TESNexus = http://www.tesnexus.com/downloads/file.php?id=25231).
Now this Moon Elves esp (companion_moonelves.esp) references, in that Masters window, the esp X.Moon.Elf, however the download needed to make the Moon Elves companions work - as far as I am led to believe from reading the ReadMe - comes in an updated compilation pack with a new esp named X.Races.Comp.esp.
Question: Is it perfectly fine to simply just change the referenced Master from the old to the new for it to work so that companion_moonelves.esp loses its "redness" within Wrye Bash? Is that all there is to it? Or is it more involved than that?
Regards,
Dodgy Bob