Okay, it's kinda been confirmed that this seems to be a "LW issue" as apparently it's also happening with Richard Haseltine.  I've posted in the Daz forum as well as here in the Poser and LW forums and RHaseltine has since replied that he is having the same exact problem I'm having when he tries loading M4 into his LW 9.6 running on Windows 7.  I'm also running LW 9.6 but running it on Windows XP.  So I'm guessing now that the next step is probably alerting Newtek of this possible "bug" or "software conflict" within their program.  Before doing that, I think I'll load up LW 9.5 and see if that problem exists there as well. 

At the very least, some of my LW confidence has come back as I was really beginning to feel "incompetent" because I couldn't get the part names to show up.  :) 

Pandorian's Website.... aka......