Sure! I'm glad I was able to help.

When I was talking to one of the tech's at V-Ray they said they were aware of the problem and are working on it. I think if more people let V-Ray know the faster the will fix it.

I use V-Ray all the time and feel it is the best rendering program available that works "inside" Sketchup. I know Maxwell is a great rendering program as well but it's nice not to have to export your model into another program. That's what makes V-Ray so nice for us. Until that last update by V-Ray it has worked great.

I have been having the same problem so I called their tech support and they told me they are aware of the problem. It can be fixed if you explode the component and create a new component...at least that's what they told me and it worked for me. The problem started for me when I installed the latest update.