I found out how to use the shell access available in my cpanel and used the commands as listed on the following link. (God, where were these commands a year ago when I needed them for work?!)
Very simple way to chmod entire directory tree for just directories and just files...
Click here --> Recursively chmod directories only
Oh, and the 'content' module works now!!! Yay!!!
Just one more side question for you guys, slightly unrelated.
How do I modify the "Home" page of XOOPS? Do I need another module?