Thanks for the warm welcome.
As for the problem, I think its the CDI, though there may be more, no way to tell till I replace it. Why the CDI? Cause I use a Multimeter on the 3 lines in every configuration I could think of and the blue wire is giving me NO reading at all, as if the connection were completely broken before it hit the circuit board inside, which is basically what I'm assuming has happened.
SO, I'm off to a local dealer tomorrow to pickup a new CDI and hopefully, I'll be on the road by tomorrow afternoon.
Wish me luck ;P