For everyone experiencing the lack of text indication on Data Files progress, I found a fix that worked for me. Changing a setting in windows fixed the visual area/verbose text informing me of what data files were being downloaded/updated/double-checked and what-not each time i launched Skyrim via steam.
For Windows 7 - 64bit OS... go to Control Panel -> Appearance and Personalization -> Display --> then set to "Smaller - 100%" text size, and click apply. You will have to log out of windows and log back in for it to take effect, but Skyrim launcher should now show the text indicating that it is working on your steam subscribed mods.
I figured this out after realizing i had recently toyed with that setting playing with my desktop and then spending hours trying to figure out what mod i might have installed toying with Skyrim, only to find someone mention on another forum the idea that Skyrim and windows 7 64 had some issue with text size. I put 2 and 2 together and figured it was me and not some mod.
I really hope this helps a lot of people who might have been experiencing the same thing.
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