Dennis,
That's great. I think most people (including me) will be more than happy with that info. I think it primarily serves two purposes -- (1) the question "what lens did I shoot this with" and (2) "which images were shot with lens x". The info you now have PM providing will be perfect for that; especially when your cataloging features are fully implemented.
Perhaps one day you can get Nikon's blessing to do the decryption. From what I've read, Adobe is copying encrypted Nikon data when converting NEF's to DNG files, but not decrypting them. It appears they are looking for the same blessing from Nikon before decrypting the white balance information (
http://photoshopnews.com/2005/05/23/dng-workflow-part-i/). FWIW, Lightroom reports the lens only by using the focal length(s) and max aperature(s). Your inclusion of the AF, VR, G, etc. prefix/suffix is a welcome bonus.
In case you need it, here's the tag 131 & 132 data I've pulled from some of my images...
Nikon AF-S VR 70-200mm f/2.8G
Exif lookup: AF-S VR Zoom-Nikkor 70-200mm f/2.8G IF-ED
Tag 131: 14 (VR-G-D)
Tag 132: 70,200,2.8,2.8
Nikon AF-S VR 18-200mm f/3.5-5.6G
Exiftool lookup: AF-S DX VR Zoom-Nikkor 18-200mm f/3.5-5.6G IF-ED
Tag 131: 14 (VR-G-D)
Tag 132: 18,200,3.5,5.6
Nikon AF 50mm f/1.8D
Exiftool lookup: AF Nikkor 50mm f/1.8D
Tag 131: 2 (D)
Tag 132: 50,50,1.8,1.8
Tamron SP 90mm f/2.8 Macro
Exiftool lookup: Tamron SP AF90mm f/2.8 Di 1:1 Macro
Tag 131: 2 (D)
Tag 132: 90,90,2.8,2.8
Sigma 10-20mm f/4-5.6
Exiftool lookup: Sigma 10-20mm f/4-5.6 EX DC HSM
Tag 131: 6 (G-D)
Tag 132: 10,20,4,5.6
Sigma 50-500mm f/4-6.3
Exiftool lookup: Sigma 50-500mm f/4-6.3 EX APO RF HSM
Tag 131: 2 (D)
Tag 132: 50,500,4,6.3
-Ian