When I scroll through the presets on Black Magic, I get "Bank Missing" on the 'Section' tab. If I click on it, I get a list and can make a selection from the list.

Question 1: Is there a way I can select a preset and have it work without getting the "Bank Missing" message?

Question 2: Is there somewhere I can get a directory structure and files within the directory for the kits and samples that comes with Black Magic?

It sounds like you haven't installed the sample pack?

Wherever you choose to install it the path is added to the text file located at 'c:\HGSounds_Black_magic.txt' which you can edit/view in notepad and will give you the location of the samples/kits.

What is the filename of the sample pack install. I only see RAR files and none of them have an install file inside.

It's called 'Black_Magic_Samples_v1_0.exe' should be on your downloads page?