Okay, this morning I decided to uninstall, redownload fences, and try again on both computers, this time it works just fine on both machines! I do get the options to delete or rename a fence, I don't know that these options weren't available at first on the first install but I will be watching and checking, if anything changes I will report back.
Also, I did send a email with a report to Stardock within the Fences program but I've heard nothing so far, I wonder how well they listen to their customers, I know this version is free but it could be a good indication of them.