Thanks Bapu,
For nubbin it in.. :)
Seriously, I know there are others that it is working just fine for but there are a few others that are having problems. (statistically normal) Too many variables to say what the cause is yet.
I had the previous versions of RealGuitar, Strat, and LPC installed on both machines and they worked great. I tried the V3 full installer on one machine and it caused the problem described above. So I tried the V3 updater on the other machine and it also caused the same problem.
MusicLab support has had me try so many different things over the past two days and it still has not helped. I would not want to discourage anyone else from upgrading because I'm sure this is a fluke but at this Point I don't know what to do except play with the stand alones and the manual to at least gain some experience with the new features.
I also sprung for the Guitar Hero controller because I can't resist trying new stuff. Have not even opened the box on it yet. It might prove to be more useful than I ever dreamed a cheap midi controller could be.