So far I have done a good amount of research and listen to some nice fellow hangers, thanks BigO and MaleHanger. Well the biggest issue I am still having is I am still bluing on my glans while I'm hanging..
Here is my history of Hanging so far...

10/15/12 2.5 lbs-------20 min
10/16/12 2.5 lbs-------20 min
10/17/12 2.5 lbs-------15 min 5 lbs------15 min
10/18/12 5 lbs---------15 min 5 lbs------15 min 5 lbs-----15 min
10/19/12 5 lbs---------15 min 5 lbs------15 min
10/20/12 5 lbs---------15 min 5 lbs------15 min
10/21/12 5 lbs---------15 min 5 lbs------15 min 5 lbs-----15 min
10/22/12 5 lbs---------15 min 2.5 lbs----15 min 2.5 lbs---15 min Started forward hangs
10/23/12 5 lbs---------15 min 5 lbs------15 min 5 lbs-----15 min Forward hangs
10/24/12 5 lbs---------15 min 5 lbs------15 min 5 lbs-----15 min Forward hangs