Dan, thanks for the reply. I do click Reconcile. Ideally, when you enter an Edit session and click Reconcile, you're given the option to review conflicts. OR, you can click Version Changes during the reconcile process to not only view the changes but also accept/reject in favor of either version.
Like I said, Version Changes shows that there are changes - but I do not have the option of accepting the edits on a change-by-change basis. Obviously I don't want to just Post and be done with it, I want to review the edits and reject them as I see fit.
I've tried logging into the geodatabase as both the sde user as well as our own gdb_admin user (sde owns the DEFAULT version, gdb_admin owns the EDIT version). No luck.