OK, I discovered that the XML file was completely corrupted. The file was hardly readable... so I started over from scratch and replaced my User Profile from scratch, once again. Now the single-step function works properly, but there is a new problem...
On the X-Axis, Fast Jog, Slow Jog, and Single-step all work just fine in both directions.
On the Z-Axis, Fast Jog, Slow Jog, and Single-step all work, but no matter which (left/right) cursor key you operate, the toolpost will move only towards the left. Same holds true if you type on G-code on the command line... The tool post only moves toward the left, no matter what the instruction states. The only way I can bring the tool post back to the right is to turn the stepper-motors off and "hand-crank" the Lead Screw.
I am enclosng my XML file, in case that might help.