To wrap this up, I just downloaded an another PDF, approved by another examiner for the same item, but without the DRAFT watermark.
Strange way to do business, but hey, it's ATF. Apparently even though there's a known issue with generating PDF's , they don't have time to check to see if it generated correctly without the watermark, but there's time to do it over. No wonder the registry accuracy is so poor.
Alls well that ends well. Thanks for the heads up BW...I'll watch for that on the next two that should be coming in Feb.