Well what do you know, on mine with just "Check for New Versions of Personal Firewall" checked it now shows an alert & gets blocked going out by the Block All rule at the end of my rule set & creates a MD5 sig. for Persfw.exe .
This is funny because before when i tried enabling this & also the "Remind Me of Beta Versions of Personal Firewall" nothing happened when i rebooted & logged online & surfed. Strange...
In Ask mode i got the message just before logging online "Outgoing Connection Alert!" Remote 0.0.0.0 port 8080 - TCP, Kerio Personal Firewall Engine wants to connect out. Permit or Deny?
Well i stand corrected i was wrong...
Still not sure yet why i didnt get any alerts with both those checked will be doing some more tests in a bit.
Thank you everyone!
Im very happy now