That's correct, you could delete the System member of that volume group and it would have no effect on the content of the Data volume. Likewise, you could delete the "System" folder from the Data volume (as well as a bunch of hidden system-related folders) without affecting your data. The bulk, or perhaps all of your data (based on your described use of the volume) is going to be in the Users folder on that volume.
View attachment 2529447
But again, I think the safest path forward to test out whether Canon DPP is having trouble with the volume group business on that volume would be to:
- Select WDBlack4TB in Disk Utility's sidebar
- Click "+" in the toolbar to add a new volume (name it something like "Photos" or "My Data", I suspect you could be more creative than me 🙂
- Copy all of the relevant data from WDBlack4TB to the new Photos volume (i.e. "same data as the start up drive (downloads and desktop excluded). I regularly sync certain folders from the start-up drive with the same folders on the WDBlack4TB" – copy all of that content to "Photos")