As I mentioned at the VN Boards that issue was resolved within a few hours of the mod's release. The newest version of the mod no longer has that issue and includes even more items.For anyone interested in giving the mod a test drive the download is now available at the following url:
http://www.flamestryke.com/wizardry8/miscdataw8/modnewsw8.html
Included in the zip are some text files, a readme among them, and an Excel workbook which details most of the modifications made. From changing certain item graphics and correcting some things to the creation of totally new items. The readme contains directions for installing and uninstalling the mod which is very simple and easy.
There are a few things about the mod not perfected yet such as items whose graphics were changed. An example would be a potion of cure poison. The bottle is now green but if unidentified it reads Purple Potion. I am consulting Mad God on how to edit this currently and hope to add that as soon as possible.