Ok pulling my hair out a little bit here.
I finally was able t get to editing the FTDI driver .plist as mentioned in the pdf linked above and it seems like any edit I make to the file at all greets me with the following error message:

Once I get that error I can reboot all I want and the USB explorer isn't recognized. (Actually it shows up in the system profiler but not as an available serial port in Max/MSP). I have to manually delete the .kext file from my System/Library/Extensions folder and reinstall the driver for it to show up again.
This is the entry as it originally comes:
<key>FTDI R Chip</key>
<dict>
<key>CFBundleIdentifier</key>
<string>com.FTDI.driver.FTDIUSBSerialDriver</string>
<key>ConfigData</key>
<key>IOClass</key>
<string>FTDIUSBSerialDriver</string>
<key>IOProviderClass</key>
<string>IOUSBInterface</string>
<key>bConfigurationValue</key>
<integer>1</integer>
<key>bInterfaceNumber</key>
<integer>0</integer>
<key>bcdDevice</key>
<integer>1536</integer>
<key>idProduct</key>
<integer>24577</integer>
<key>idVendor</key>
<integer>1027</integer>
</dict>
And this is what I'm trying to change it to:
<key>FTDI R Chip</key>
<dict>
<key>CFBundleIdentifier</key>
<string>com.FTDI.driver.FTDIUSBSerialDriver</string>
<key>ConfigData</key>
<dict>
<key>LatencyTimer</key>
<integer>4</integer>
<key>InBufferSize</key>
<integer>256</integer>
</dict>
<key>IOClass</key>
<string>FTDIUSBSerialDriver</string>
<key>IOProviderClass</key>
<string>IOUSBInterface</string>
<key>bConfigurationValue</key>
<integer>1</integer>
<key>bInterfaceNumber</key>
<integer>0</integer>
<key>bcdDevice</key>
<integer>1536</integer>
<key>idProduct</key>
<integer>24577</integer>
<key>idVendor</key>
<integer>1027</integer>
</dict>
I was unsure about the formatting for the XML since in the pdf it's a big ambiguous saying the following:
3.4 Latency Timer
Latency Timer helps to speed up the transfer of short packets. Changing the device's latency timer is supported through the LatencyTimer key under ConfigData, an optional field in a device entry. For example, the following entry from the info.plist file would allow the device to operate with a latency timer of 8ms.
<key>ConfigData</key> <dict>
<key>LatencyTimer</key>
<integer>8</integer>
</dict>
The latency timer value is a decimal integer in the range 1-255. Its default value is 16ms.
3.5 Read Buffer Size
Read Buffer Size can increase or decrease the speed of the transfer of packets, depending on type of the data you are transferring.
Changing the device's read buffer size is supported through the InBufferSize key under ConfigData, an optional field in a device entry. In the following example from the info.plist file, the read buffer size is set to 256 bytes.
<key>ConfigData</key> <dict>
<key>InBufferSize</key>
<integer>256</integer>
</dict>
So I wasn't sure if I needed a new <dict></dict> pair for each key/integers, but elsewhere in the .plist is the following entry:
<key>MEDSET USB</key>
<dict>
<key>CFBundleIdentifier</key>
<string>com.FTDI.driver.FTDIUSBSerialDriver</string>
<key>ConfigData</key>
<dict>
<key>InBufferSize</key>
<integer>128</integer>
<key>LatencyTimer</key>
<integer>24</integer>
</dict>
<key>IOClass</key>
<string>FTDIUSBSerialDriver</string>
<key>IOProviderClass</key>
<string>IOUSBInterface</string>
<key>bConfigurationValue</key>
<integer>1</integer>
<key>bInterfaceNumber</key>
<integer>0</integer>
<key>idProduct</key>
<integer>62705</integer>
<key>idVendor</key>
<integer>1027</integer>
</dict>
Which follows the same format of what I put in.