Steve, I was using 3.4 and installed 3.5.5. Here is a portion of the screen shot. Does anyone know where to download 3.4, it looks like it is no longer available on the website. http://nabble.documentfoundation.org/file/n3996499/Screen_Shot_2012-07-19_at_12.36.57_PM.png
You have turned on "Value highlighting", isn't it? So I guess that the blue values are numbers and the #### are formulas. Please have a look at Tools > Options > Calc > View > Section 'Display'. If there is a check for 'Formulas', remove it.
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