I think it is safe to say that LT was not really designed to be used for re-targeting of animation unless you use Human-IK. Modelling and animation for Indie/Small game devs is what it is currently targeting.
Seriously! I Totaly feel you Monster... I'm smack in the middle of rigging and its sadder and sadder as I go! I can see maya LT being super usfull for a modeler, but that's about it. Maybe animation, but the fact that they took out the anime layers really bums me out, it makes re-targeting baked animation pretty much…