Wireless Trackpad swiping between fullscreen apps not working

Hey guys, new to the forum and after doing a quick search of the forums for this topic could not get an answer. So I have one of those nice new shiny wireless (bluetooth) trackpads and instantly ran into an issue.

Doing a four finger swipe to switch between full screen apps is not working. When in safari it actually does a swipe between pages as if I was performing a two finger swipe. Has anyone else ran into this issue? I did a search on Apple's Support site and noticed there were a couple firmware updates for some products but not anything new like this.

Additional Info:
Running Mac OS X 10.7.2
Early 2011 Macbook Pro i7
Trackpad Model = A1339

Could you please post a screenshot of your trackpad preference pane? Shift+Command+3 will take a shot of your desktop. The same combo but using 4 will allow you to take a shot of a targeted area.

Here's mine:

I have a screenshot available, but I am new to this site and can't figure out where to store my screenshot so that I can put in the URL to the Pic.

Here it is

I got it, here it is....