Okay, here is what I did to fix it. I think the no fast travel no r key thing is caused by using the old .exe with the new interface.bsa When I went to the old interface.bsa there were still random issues (mouse didn't select from menu correctly. So what I did was delete TESV.exe. interface.bsa, skyrim.ini and skyrim prefs.ini. When I did that I got back to the problem when the game would go back to the launcher after hitting play. (Seems related to Windows 7 64 bit). So...I went to the game directory and looked at TESV.exe. I had set it to run as administrator. I unclicked that, and voila the game launched and is now only plauged by the "ordinary" 1.2 problems (backwards dragon no resists). For those of you having the launcher bug, I would check that out. Thought this might help.