Okay, nevermind again...I figured it out.
I'm posting the following as an FYI, in case someone else has the same problem:
I was trying to use the A_P-miles.bmp (which doesn't appear to have any data stored in it). So, I just loaded the A_P-km.bmp which had everything aligned perfectly. Once the data was written to the registry, I opened A_P-miles.bmp in paint and saved it as A_P-miles2.bmp (to make sure there was no data in the bmp). After that I set it as the background in compass and everything was lined up....
Nice skin, for a nice app...

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