So im a psd fanatic and rarely use illustrator so im not to knowledgeable about vector images. My question is this, is there a way to resize my 8-10in work into 8-10ft without losing mass amounts of detail and quality. If i cannot, what would you recommend me doing to achieve this because i don't think my comp would be able to hold an 8-10ft canvas haha.
If it's a raster image you made in Photoshop, it's impossible to increase the size of a raster without sacrificing quality. Though if the image is to be viewed always from a distance (like a billboard), then you can lower the resolution to as little as 9-12 dpi and it would look fine from at least a few yards away.
If it's all vector objects, they are infinitely scalable to any size. There is no resolution quality to worry about with vectors. If you need to use a raster image that isn't very complex, you could trace the image in Illustrator (look up Live Trace and Live Paint) to make a vector version that you can resize.