So sorry, Agent Bob! This time it was my fault and not the cheap tool's. I was very tired after not being able to sleep for 2 nights when I typed that. My torque wrench actually says METER KILOGRAMS and FOOT POUNDS.
Here are some bits and pieces of info I found online and where I found them. I won't pretend to understand it all. But these pieces seemed easier to understand than reading about newton's force and such.
kg-m kilogram -meter
http://dictionary.reference.com/browse/kg-mthe mks gravitational unit of work and energy equal to the work done by a kilogram force acting through a distance of one meter in the direction of the force. About 7.235 foot-pounds
kgf-m kilogramforce -meter
http://www.answers.com/topic/kilogram-forceSymbols kgf, kg-f, kilopond. (Metric) A unit of weight, i.e. force, represented by 1 kilogram of mass (kg or kg-m) subject to standard gravity.
To convert kg-m to ft. lbs. multiply by 7.235
To convert ft. lbs. to kg-m multiply by 0.1383
kg-m x 7.235 = ft-lb
ft-lb x 0.1383 = kg-m
And a handy chart for approximations if you're not up to the math from this manual:
http://chadt.us/ac/Sect1.pdf