Bingo! The name of the formset is effectively the same as the report. Thanks a lot!

>Is the name of the report the same as the formset. By default the report will create a object by the same name as the report itself. If the object that holds the formset is the same name, it will be destroyed and recreated as the report. The NAME clause will prevent this from occurring if the veriable referenced is of a different name then that of the formset.