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I HAVE FIXED THE PROBLEM
The issue was with the latest update to SteamVR. I rolled it back to a previous version "hotfix" in steam and it now works great.
It's all done through Steam.
First, navigate to the "VR" section of your steam library: IMAGE
Then, right click on SteamVR and open the "Properties" menu IMAGE
Select the "Beta" tab and roll SteamVR back to the 6/21/2018 hotfix version. IMAGE
This rolls SteamVR back to late June and is only a workaround of the problem. The problem still exists, but it is manageable. Currently, I don't have any buttons seen by X-Plane, and the controllers appear as "lighthouse". With this fix, it remains named "lighthouse", but at least the buttons are now visible and bindable. I have to rebind the controller buttons everytime I use VR, but it is relatively quick to do.
I've also submitted a report to them. I wouldn't get a refund because then you won't be able to fly anymore unless you switch to a different sim.
For now, I'm just sitting and waiting... Hoping for a fix.
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