So, after the two failed attempts Ricoh sent me another shipping label to have Precision look at the lens a third time.
After talking to Joel Virgil, Precision called me about 20 minutes later.
They assured me that this would have top priority in their "Pro services" division and the person talking to me would see to it herself that the issue was resolved.
It sat on the shelf with no update in their repair status for a week after it was delivered. (top priority, my arse!)
Well, the third time is NOT the charm...
It completed repair in a day and came back with the EXACT SAME ISSUE STILL NOT RESOLVED.
So, I call Ricoh and AGAIN await Mr Virgil's call.
A month and a half being jerked around by these two companies is becoming a lot more than irritating.