So If I understand correctly you are starting a new game and for some reason the game freezes with the patch? The game should behave the same with or without the patch, there are no major changes in the patch that will affect how the game will load or behave, only the way it calculates the stats of the characters have been changed.
One workaround you could try is to make it past the introduction of the game to day 4, save the game, exit out of the game, place the cheat mod into the game, restart the game and try to load the save file and see if it works. You can't save the game until day 4 past the introduction. This could be an issue with the compressed version with the game, the mod should work the same in that version as the original though. Not quite sure where you got the compressed version though, I went looking in the game thread and don't see it in there.