The other questions?
These are more difficult to answer. I will try.
When space expands too far. The big crunch?
There is an interesting article in the 13 December issue of New Scientist, looking at some predictions made by the new theory of quantum loop cosmology. And yes. They predict that there will be a big crunch. Space will expand to a certain extent and then fall back on itself. Then there will be a new big bang. This may be how the universe started. it may be that reality consists of an infinite series of big bang/big crunch/big bang series. On the other hand, this is just another theory, and no-one really knows just yet.
"if we could some how travel faster then the speed of light and look back would we see a ball of light that has been emitting from a central point in space? or no because we past where the viewing point of the light can be?"
First, there is no way in theory of travelling faster than light.
We could not, in any case, see light, since it is now red shifted to a very much lower frequency. In fact, the original radiation can be detected, but as microwaves. It is known as the cosmic microwave background, and has been mapped.
http://en.wikipedia.org/wiki/Cosmic_...ound_radiation