Well...after reading this thread:
http://www.subsim.com/phpBB/viewtopic.php?t=40602
I decided to wait as long as it takes for the 3D and/or missions to load instead of hard booting after a couple minutes and what do you know?
Anywhere from 3-8 minutes after it seems to freeze up, it finally makes it to the 3D screen or starts the selected mission. I was able to make the changes I needed on my resolution and finally run through the training scenario! :-)
The trick is to go make a cup of coffee and take a shower after clicking the ok button. By the time it is brewed and I have dried off, the mission will be starting.
I know this is still not "right", but at least I can play. I will mod up and hope for the best.
Thanks again for all your help an suggestions sonar and the rest. I really appreciate it!