I was finally able to force R13_51 upgrade thus resolving the corrupted reports issue for me. As others have suggested in this thread, it takes more than one Update, all while selecting "Reset Update" and rebooting computer in between each update.

The people that posted to this thread are awesome however the technical aspects of the forum are truly the worst I have ever seen and I am not surprised as it is designed by intuit. No way to edit your own post, no indication of which posts were replies to other posts and no way to enable a signature block indicating which version of QuickBooks or specific hardware a user is using.

I only pray that another software company comes along with a competing product with no loss of features and clean conversion process to port all data. I would jump ship in a second.