That's what I'm talkin' about!!
Note the life boat and the poor sailors flying through the air, indicating both the lifeboat mod and Racerboy's effects working nicely together.
As far as I can tell, the problem was that I wasn't properly transferring things into the "Mods" folder. For instance, the lifeboat mod had what I believe was an extra folder. Meaning the data folder was in a LifeBoats&Debris_v4 folder which was in yet another LifeBoats&Debris_v4 folder. Pulling the one that actually contained the data folder out and putting it into the mods folder got it going. Same for the Color Contacts mod that I was previously unable to get working!
Thanks for all the help guys!