It's an answer but I'd be hard pressed to say it "helps". 
The debugger/ICE we're using functions much better with *.o files at hand (as proven by using their IDE for some examples.) It's going to be a compromise to disassemble each file to view some of the details. I would assume that full and pro versions do make the object code available as the default project creates the directories to hold the compiler output.
We chose the CW SE IDE because of the tight integration with the processor and fully integrated build tools. I may have to bounce back and forth between the two IDEs to have the best of both worlds.
Thank you for the response, even though it's not the answer I wanted.