Solved it...whew!...... now I dont have to reset all group policies

If anyone locks them self out of gpedit.msc by using the restrict the use
of snap-ins policy.

Snap-in Creation Failed

The user policies prevent MMC from creating the snap-in
Name: Group Policy Object Editor

The registry key is:
HKEY_CURRENT_USER\Software\Policies\Microsoft\MMC

RestrictToPermittedSnapins
Reg_Dword
Value 0 - set to 0 to allow access to the group policy