Don't expect wrapped plugins to appear in the Audiosuite menu. Audiosuite plugins are completely different to RTAS plugins.
They should however appear as inserts on Audio, Aux and Instrument tracks under 'multi-channel plug-in / Wrapped plug-ins'. Check both stereo and mono tracks as some plugins don't appear on mono tracks.
Hmm.. just re-read your post (it's getting late here).
You say you have your VST plugins installed to C:\Program Files\Common Files\Digidesign\DAE\Plug-Ins? They shouldn't be here. I would install all VST plugins to their own specific directory (default is usually C:\Program Files\Steinberg\VST Plugins\). this could be the cause of your problem (assuming I've read correctly).
Im running Win XP SP2. ProTools LE 7.3.1 and just updated VST>RTAS to 2.11...Still no luck. I cant see them within AudioSuite or the Inserts.... I just blew $100.00 on this app and didn't expect this mission at all....
sancr1 - the log you posted looks perfectly normal.
Have a look in C:\Program Files\Common Files\Digidesign\DAE\Plug-Ins and tell me if you can see any files beginning with VW_ with the extension .dpm - for example DW_BFD2.dpm. These are the wrapped RTAS files that the adapter creates.