Yes, I have tried the ignore_lcd parameter as well. And it's not that I can't get the touchscreen working. It doesn't blink on at all. I have a sneaking suspicion that I've toasted something on the Pi.
Come to think of it, RogueM, I could've sworn that I saw the Pi I have is compatible. I definitely need the i2c bus for this project, so I might have to upgrade. I was a total noob to the Pi world and am finally getting my feet wet, so I had made the assumption that the model with the higher listed RAM and quad core processor was the newer version, but that's apparently not so.