Cherry,
Just to further narrow down my issue, here's what I've come up with...
Apparently the Cromwell BIOS 1.8 found RIGHT on xodus-chip's website was not the specific "Chameleon Cromwell BIOS", it's just the standard one that is really meant for Xecuter chips and/or cheapmods. I found the Chameleon-specific Cromwell BIOS (which automatically flashes the Chameleon without the need for all the fluff and specifically named files/folders) on the xbins FTP server and will flash that onto my Chameleon via PC tonight. The problem with turning all my dipswitches off is that I installed Cromwell on Bank #2, so I guess that means my chip is not "flashable" anyway, all other banks have xecuter 4977 on them, including bank #0, which won't boot the XBOX. So, I have to load a new BIOS on there regardless. I plan on loading the Chameleon Cromwell onto the first 2 memory banks, and loading the Evox D.6 (EjectFix) onto the second TWO banks. This way, I can boot the chip in "flashable" mode and try out your suggestions, which will most likely work fine.
Goes to show you the kind of wild goose chase someone can go through by "following the directions". Unless the "Chameleon" Cromwell is somehow illegitimate/illegal, I don't know why xodus-chip doesn't include the CORRECT BIOS right on their own damn web site. The "standard" Cromwell does not "automatically" flash anything, you have to use OzXFlash, and that doesn't even recognize the Chameleon, just fails to flash the chip's BIOS.
I did know about waiting for the "Insert CD prompt", so that's not an issue. Things didn't work as stated by the Chameleon User Manual among other sources, but I guess in order to make the Chameleon a legitimate product Xodus probably cannot provide direction to those wishing to flash alternate BIOSes onto the chip's memory banks since most other BIOSes are designed to circumvent copy protection. Oh well, I guess I'm frustrated with the amount of time that has been wasted, but in the long run it will have been well worth the effort.
Cherry - thanks for your advice, it certainly helped out. If I run into any more issues or have success, I will post here again to keep everyone updated.