You are both slightly correct in your methods. To compress a game to not require the RTP but still have RTP files, you would do the following.
- WITH THE GAME CLOSED open the Game.ini file in the project's root directory.
- Find the line that says "RTP=RPGVXAce". Change it to "RTP=" then save and close the .ini file.
- Create a new folder called "Fonts" and add the fonts you used to it. In most cases, Gothic VL or w/e it is.
- Open the project. All the "blue box" resources should be gone from the resource manager.
- Either manually move or use the resource manage to import all RTP files that you've used in the project. (You should already be importing everything else you use)
- Compress the project. Make sure that the Include RTP Data is CHECKED.
If you've done it correctly, the project can be played by anyone without requiring them to download the RTP. I've done this a few times. The zombie game Hyde and I created uses this method and I've given the link to people who have never heard of RPG Maker with no issues.