LMS, I tried printing it just for the heck of it, and it prints perfectly.
Let me preface this by saying I just recently updated to Access 2007.
What I was doing is going from "Design View" to "REPORT VIEW".
I haven't the slightest idea what "REPORT VIEW" does, but the subreports all end up on top of each other, causing me to go insane figuring this out. :)
I go to "PRINT PREVIEW" and it appears perfectly.
Thanks for your help!