Okay, So Apparently the wow client treats Wands the same as Crossbows, so when I fixed the crossbow issue of not granting enchantment points, I made it so wands get flagged as unenchanted.
I'm currently in the process of uploading and releasing the fix for this bug, and I expect it to be available later this day!
Sorry for the trouble, and Thanks!
Update: 6/13/2011 4:15pm PST.
Okay, that sexy J.C. Got the addon uploaded. In addition to the wand fix, the addon will also fix an issue with players who are using two-handed weapons being flagged as missing an equipment slot.