Yes, it still showed "CD-ROM Drive".
I tried uninstalling it again. This time, after uninstalling, I did not reboot. I selected "Scan for hardware changes" and it recognized the new hardware as the PX-716A.
This time, it worked!!!! I rebooted just for kicks and it did stick (yay).
I even tried shutting the computer down. It is sticking now.
Seems odd isn't it? Do you think there might be a problem with the device itself?
Thanks for your help!