Hello Its Nice to meet you All - I was unable to find my Issue so i posted My apologies if one like this is here already
I have one scene - Low Settings - Small Land with Hills - One 1st person controller - One Light
When i press Play I get a Blue Screen in the middle - The Bar with File, Edit, Assets… is still visible
The Panels with - Inspector, Project, Hierarchy, and top Bar that has the Play button along with the Transformer Options all turn Black.
I Checked - Time Scale its set to 1 / I also Rebooted / I also recreated the Scene from scratch / Still got the same issue
The Demo Game played without any issues only happens on Created Scene - No odd settings - Only 3 objects Land -Light - 1st person controller.
My System: Widows 7 64, Nvidia 220 gt - With up to date Drivers

Well It now seems that I am unable to play the Demo no longer as well Getting the same issue as my original post - I put in a Bug or issue report I wondering if its because i am running Win 7 64 - I think i will try Unity on my other computer running Win 7 32 and see what happens
Well It seems Like No one knows how to Help me with this issue - I also posted in other Help forums and still no response from any one
It seems to have gotten a bit worst when i went back to check if the Demo would Play still - I found out it will not and gives me the same issue as i 1st posted –
My Solution: I found a post with a lot of the older versions of Unity from 3.0 - 3.4 I think it also has 2.5 You can find it here http://answers.unity3d.com/questions/8531/download-link-for-previous-versions-of-unity3d.html
Just in case someone else has my same issue and cant find any answers - I was able to download the older one and test the 3.0 version out and it seems to work fine - I am downloading and saving all of them and seeing how high i can get b4 the issue returns but so far 3.0 seems to be working fine with Win 7 64 Nvidia 220 gt
Well I finished trying the different installs of unity Today from 3.0 up to 3.4 - As for me I can run 3.3 with small what i would say normal issues - and 3.2 seems to have no issues.
As for 3.4 it gives me the same issues and trouble that 3.5 gives from my original post - So for now I will stick with 3.3 or 3.2 to learn Unity With. - Since I’m New to Unity its not Like i would be making some Grand Game in the next few days I still have to learn the Software.
So i just need one that works - I do hope that the next copy of Unity will work on my Win 7 64 - But for now i should have all i need to learn with I am happy I got the Free one 1st If i would have paid for the Pro and this Happen Man i would be Upset - Any ways Looking forward to learning the software