In working on this today, I think it failed when I went back and tried again perhaps because I had not deleted the previous HTMLEditor directory.
It is definitely not handling dynamically named textareas correctly, and issue I thought was previously resolved.
My biggest problem with this preset issue is that it has to be site specific in order to use any CSS, so I will have to have multiple presets for every site which will show up in the preset list for every site I work on. That will become an unmanageable list very quickly. Am I missing something here?