I can't create a new file anymore. When I click on new file in PHPed I can't select any of the file templates that I setup prior to upgrading from 6.2 It shows me the templates but doesn't let me select any so I can't create any kind of new file.

I haven't even received an update email yet

Logged in anyway and downloading PhpED 7 now

But I won't be installing it on my main development system yet

It works with phped 7 for me. No problem with this.

I am experiencing the same problem, windows 7, PhpEd 7019

Did you try toolbar's dropdown instead of File->New?

and btw, the way only to tell support & engineering about a problem is to submit report here: http://www.nusphere.com/contact_us
I hope it's clearly indicated in the forum rules.
If you post the problem on this forum, you inform only other people, neither engineering nor support would be aware of it and therefore no fixes would be developed.

I sent a message to support and they can't duplicate it so I guess we are on our own to try and figure out what the problem is. I want to save my templates and uninstall PHPed 6.2 and reinstall v7 and see if I can copy back my templates. but I don't want to loose all my configured settings and projects

They can't only if they try something else or didn't try at all. It happens with "support" guys, you know.
Please provide them with movie and/or screenshots illustrating the issue.

I did supply them with all that, video and screenshots of all my settings.

okay, I'll check what's up with your report.