I am running LyX under Mac OS X 10.7.5. In the math edit mode the mathematical symbols are not displayed correctly. For example instead of an integral I get an accented "o". I tried running LyX debug mode (-dbg mathed) and in the log I found lines of the kind "font cmm not available and I can't fake it"
I tried to reinstall LyX but I had the same behavior. Luca Brandolini