Resolved!
Ok, I managed to correct this on my own with the help of other Forum Posts, another user's Admin Ticket, and Trial and Error.
The full process is as follows:
[This section is modified from a previous post from Memphisbelle referring to an Admin response on his Ticket. I have added corrected steps I had to do to get it working.]
*If you have MoicroSoft Security Essentials, it is a good idea to disable it until this process is complete.*
1. Please Uninstall Black Shark 1 and DCS World.
2. Delete this Windows registry branch: HKEY_CURRENT_USER\Software\Eagle Dynamics\Black Shark
-How to do it:
--- Run Windows Start menu and type there "regedit" (without quotes);
--- Follow this path: HKEY_CURRENT_USER\Software\Eagle Dynamics
--- RightClick on the "Black Shark" folder -> Delete)
3. Install Black Shark 1 again (Then please run Black Shark 1 and activate it with Black Shark 1 serial number. It will eat one of activations but don't worry, actually the activations are of little importance. We do replace serial numbers for the legal owners. When the limit of activations of your serial number will be reached, please consider contacting us for getting a new serial number. We will consider your request and give it to you.)
4. When it is installed, run Black Shark 1 and turn in to any mission. There will be activation window. Enter serial number of Black Shark 1 and activate it. Wait until cockpit is displayed.
5. Exit from Black Shark 1.
6. Install DCS_World_en_1.2.3.10201_147.exe.
7. Install KA-50bs1_en_1.2.3.10201_147.exe.
Please do these steps exactly as written. This should help to solve the problem.
I followed the steps from the Admin initially that did not include uninstalling/re-installing DCS World and my DCS World Install Folder disappeared, but was still on the Installed Programs list (It was previously installed to [Program Files], but disappeared. I even checked [Program Files (x86)] for good measure. It was simply 'gone' and the shortcuts could not find the executable.).
I hope this helps any of you that run into this issue.
Garic Storm