I Put together another repack with DF 0.34.11 phoebus tileset dfhack dwarf therapist blah blah blah etcetera.... basically the v12 lazy newb pack with updated stuff inside of it. Everything I have checked is working.
Unfortunately, I can't get it to work for me. When I click on "Play Dwarf Fortress" (from the LNP GUI), I immediately get this message: Not found data/art/mouse.png and then Dwarf Fortress.exe crashes to the desktop.
I'm using the Phoebus graphics pack, and I updated my old saves before I started. Is there something else I missed?
Note that this stuff has to be pretty simple, for me. 30 years ago, I would have known what I was doing. 50 years ago, I would have been eager to learn (assuming there had been PCs back then). These days,... not so much. 
This is just off the top of my head, and I really don't know what I'm talking about, but if you click the "Init file editor" button at the bottome of the LNP GUI, there should be an option somewhere in the middle of the left-hand side of the window about using a graphic for the mouse cursor. Maybe confirm that this is set to be off?
Just grab the ones out of your old dwarf fortress, or install phoebus 0.34.11 I could've swore that I did that before I uploaded it. Did you click on the install graphics button maybe ? That would overwrite the stuff I put in there. Assuming you have a version 0.34.10 with phoebus still lying around just copy and paste everything from the data/art folder you'll probably need others besides mouse.png Phoebus updated after I put that together but I'm not thinking there were any drastic changes so the 34.10 graphics are pretty much the same as far as I know.