Thanks for the reply,
I have contacted Ken and there seems to be a problem with BI and the VB-C50 presets.
Probably not enough users of this model to retro program. ("retro program" I made that part up)

So I know for sure the presets will not work as of now with the VB-C50 models.
I would like to find someone who has actually used presets successfully with the Canon VB-C60.
Thanks,
Zip