I purged DeskScapes and reinstalled. I found that even with the purge, the folders DeskScapes creates to save various backgrounds to didn't delete when I removed the application. That said, I went in and manually removed all of the animated and still images that were saved locally.
Following up the above, I reinstalled DeskScapes and proceeded to download a new animated desktop. Now, the application seems to be lagging as the preview image stays populated with a temporary screen saying loading image. Also, when I attempted to apply the new animated background, instead of the image populating my background is black. I checked the fill settings and tried Global Settings and Auto Scale to Monitor Shape. When neither produced the background I tried the center option and still nothing.
As a side note, up until recently and I mean even after the new version rollout. DeskScapes has always worked very fluidly and I've never had any issues. Also, I know for certain that my machine meets all of the system requirements x10 so that isn't the issue.
At this juncture, I'm not sure what else can be done. As I said in my first post, all of the other applications that I have running in the Object Desktop suite are working perfectly fine and haven't given me any issues previously or currently.
I will look for next steps and see if we can't nail down the cause. Thanks again for the quick response!