Thanks everyone for the comments,

My scope would be around 15 years old so maybe thats the reason? It has always had the blue fringes even with film and the red bleedout might be to do with the IR/UV filter being removed and the edge of infared spectrum not being in focus?.. I have always wondered if a fringe killer filter would help?
I always think the stars are always a little bloated as well.
Anyone else have a Genesis with similar results?
The new ED`s and APO`s would be much better optically I say but just ordered a GM-8 mount. A better refractor is a little way off!! unless Synta comes out with a ED 120mm f7 ,(come on Synta!!) I would buy one..

Gary