Glad it worked out for you Tim. Waves got some really good plugins for the money. Best bang for buck IMO. But the install (and uninstall if need be!) is really a PITA sometimes.
But the reason for all of that is the Waves System. That's the little box below the title bar of the plugin window. You can save all your presets for
all their plugins in any location you want. One good reason for this is to back those presets up. Also if your a big name producer and travel to your gigs, then saving your presets to a USB key is no problem.
So with the Waves system you can keep a copy of WC, a complete offline install package of all your Waves plugins, all of your license, and all of you presets on one USB stick that you can take with you and install on any computer and be up and running in a few minutes.
Downside to that is all the BS you will leave on the computer you install it on!! : )
I would suggest to everyone with Waves plugins to copy the uninstall instructions in the post above and keep them in a safe place. Hopefully you never need them. But if you do, they are not readily available on the Waves support pages. I can never find them anyway.