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I want to uninstall and re-install Pro X2, but do not want to loose the video libraries I have made with Library Manager that contain thumbnails of clips organized by occassion. Would also prefer not to loose the preferences I have set, although that is of lesser importance.

Is there a way to preserve the libraries and preferences so they are recognized by Pro X2 after the re-installation?

Please view the information from
Copy Templates and Libraries from VS11 to VSX2

you should be able to work out what to do from that link.

Thank you. I will review the link you provided, adapt it for Pro X2, and give it a try.