After checking this page on Wikipedia I realized that I needed to focus on two files: w32mkde.exe and wbtrv32.dll
By manually running the exe file, it would load the engine and my application would then run in the IDE, but I still had to manually start the exe. The desired and original behavior on my older machine was that running my program in the IDE would automatically launch the sever exe. From the Wiki page, I learned that it was wbtrv32.dll that was actually called by the program, which in turn would call the exe if needed.
I had recentl ported over my old machine to a new tower, and many of the ocx and dll files in \windows\syswow64 did not make it. There seems to be no pattern to which ones, but I had to re-register those as I found them. There must be some link there, because when I copied-over the W*.exe and W*.dll files from my production backup folder to the syswow64 folder, it suddenly worked again. Likely just a corrupt copy of the dll file. I believe the reason that the compiled version ran correctly is because those dll and exe files were installed to the application folder, and were apparently okay, but not being invoked when run from the IDE.
Hope this might help someone else some day.