Wow...this worked perfectly. I went into the config.xml file and added the highlighted portion to the code and I was able to reposition it exactly where I needed it after a few iterations (no clue what the default position is ).
<widget url="widgets/LayerList/LayerListWidget.swf"
config="widgets/LayerList/LayerListWidget_1.xml"
label="Layer List"
left="120" top="120"
icon="assets/images/i_layers.png"
preload="open"/>
Thanks so much!