Hi John,
The Validation.ErrorTemplate is set within each property editor DataTemplate itself. Thus to modify the error template, you'd need to clone the property editor DataTemplates that you use, modify them to use an updated Validation.ErrorTemplate, and put the modified clones in your Application.Resources so they override our defaults.
I believe your company has WPF Studio, so if someone on the account downloads the default styles/templates, look in the PropertyGrid's PropertyEditors.xaml and you'll see the references to "ErrorTemplate" in there.