With multiple things wrapped into one, you often end up in situations where 0-99% (or whatever) might happen super fast but that last 1% takes ages, making the progress bar useless as a "something's happening" indicator.
Those old windows installers used two bars: the top one was basically a steps indicator (file N of M, for example) -- just like the single bar for multiple tasks. But the second bar was a per-file bar. So if step 99 took longer, you had a second bar showing you that steps/files progress.