Has Anyone Had Any Problems With The Hazzard Switch Not Releaseing Once Turn On.

Given that they are very seldom used it's probably a sticky switch.
Try spraying some electrical contact cleaner in it and see if it loosens up.

And be careful if you have to disassemble it. It might be just as tricky as the starter switch Cindy's working on.

As far as using the switch, I use mine kinda often (atleast when my bike was running) to kinda say 'See ya later' when I split off from a ride with my buddies. Just a couple flashes, and maybe a wave.

I've also used it to signal a possible hazard on the road while riding, for which I'll also point to the direction of the hazard.