OK. I had the same trouble and called Daz. The installers are loaded into the GeometriesDAZHairMilMan, after you run the pre-installer you downloaded from the Beard page. Go to this folder and run them. They're names ps_ac306_part2 and ps_ac306_part3. Everything should work fine then. The character for the beard winds up in Daz Hair, while the poses are in librariesPoseMAT Millennium Beard. It is worth it though. The beards look pretty darn good. We need some more detailed textures though (hint hint). Daz really dropped the ball on the install on this one though. The instructions don't explain it all.