Ok here are the screenshots of my HUD in with both Blue Planet and the MediaVPs running and the FS2_Open.log from both mods. They have been renamed appropriatley.
It is fairly difficult to see the font distortion untill it is moving against a star field but if you look closely you can see some marks around the letters similar to noise on an HDTV. In the MediaVPs screenshot the lettering is within the box for weapon selection but the you can clearly see on the energy guages that they are just solid bars with no definition.
I am 90% sure the VPs are working elsewhere but i am starting to second guess myself.

Thanks again.
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