Your comments

I have no idea how I missed this option... Thanks, works as advertised :-)
When trying the full screen and/or distraction free mode I still see the File/Edit/... menu.  It would be nice if this also gets hidden and if I use the Alt key it should show?  Much like how Firefox/IE handles hidden menus?

I'm using Window 7 64bit.  Sublime Text 2 Build 2165.