I now get better FPS and way better quality. All I did was Modify 2 Files located under Documents>Arma

Ill list the settings here incase this might help other people out
Starting with Arma.cfg open with notepad

Resolution_Bpp=16;

I changed that from 32 to 16 I think it works not sure

Next the "Your Windows Login Name.ArmaProfile" file open with notepad as well

viewDistance=325;
This was 500, arma's lowest is set at 500 but 325 works great and really increases the games performance

TexQuality=-5
Makes everything look alot better and doesn't not affect performance

And that's it, I also dont mind playing the game in 640x400 still looks awsome and I was able to turn afew things to low and one on normal. After this mod I saw a pretty good boost