I get the red light, I then press the power button on the remote and the light turns blue. from there I am unable to see or do anything on the machine, I have tried pressing the tv sys button 4 times like i read in the other forums but I still get nothing. If i press the power button on the remote again, the light remains red
If you don't get the big blocky 8 it means the boot loader isn't loading. The bootloader is needed to run Emergency Install. You can "try" an Emergency Install...you will have to keep the power button pressed 15-20 seconds as you wont see if anything is happening via the screen.
A corrupt bootloader is usually an RMA job.