I found this help link http://forums.steampowered.com/forums/showthread.php?t=1759102, so I downloaded the installer for Wrye_Python, Wrye_Python_3a, and Wrye_Bash_293.
It says I can skip the Wrye_Python, so I just install Wrye_Python_3a. I said yes to all the defaults, it does tons of crazy stuff and I hope I didn't kill my computer, then I installed Wrye_Bash, it was quick and not much seemed to happen, and I'm not sure what to do now, since installing Wrye_Bash still doesn't give me a Wrye_Bash application or even install anything to my oblivion directory under steamapps.
Help anyone?