Im pretty sure the pip module in my mitsubishi vs-50605 has gone bad is it a real hard fix or is there some way i can bypass

Yeah you can use two caps to bypass and pull out the whole pip module. You'll have to find schematics because I cannot find my documentation, if you can't find the schematic, then let me know I can dig some more.. Basically you pull out the pip module and then add in 2 10uf caps to just pump the signal back into the signal board.

heres something i found, not positive its credible but should be safe to try
pull the module out and just push the caps into the connector
if it works, then you can solder in, i usually broke off the old connector to have an easy pop in fix.

oh.. the symptom is usually a black or bad pic, but the pip looks good = bad pip module caps (too many to fix unless you really want pip)

heres your pic

i've seen it work with many diff sized caps, this says to use 4.7uf instead of the 10uf I suggested, either will prob work.