I will fill you in on some of the questions you guys raised.
Rev, I know for sure my vanes were striking the prongs of my Bodoodle rest, you can see a nasty wear mark already on the bottom of the rest. LOL. The plastic that is on the prongs are also pretty well wore out. Stupid me. Never even though about vane clearance until I got to think about it for a while. That is anew shooter for ya!

I haven't been able to shoot yet since I worked on my clearance issues, so hopefully I get can get out there and start trying my new nock position. I will definately try the powder test and see if I have indeed fixed the clearance issues.
Nubo, I have only been shooting on an indoor range and I have been pulling the arrows out instead of through. Thanks for the advice though, that could definately put some strain on the vanes. My rest is a Bodoodle Zapper 300. It is a total containment style rest with 3 prongs to hold the arrow in place throughout the shot. I got a GlenDel Full Rut Buck for Christmas, so I can't wait till I can practice outdoor on my family farm.
So with that information out of the way, I am pretty sure I know that my old nocking position was causing the vanes to hit the prongs on the rest, but I guess I was wondering whether I should go ahead and change the vanes, or just shoot for a little while longer with them torn and rippled. When is a vane just too wore out to perform properly?
Thanks again guys.