Ok. Excuse my ignorance with proper terminology, but I need some assistance identifying an object I found. We have been giving my 8 inch Dob reflector a go.

I'll try to give the best ideas of where I found it in the sky, as well as what time and my geographical location.

We (my girlfriend and I) were actually searching for planets, with our recent "discovery" of Jupiter, and now Saturn. Well with a fill of Saturn I turned my telescope to South-South-Easternly sky (I think it is East-South-East; girlfriend doesn't) to find, at about 85 degrees from the horizion--it was level with Saturn at the time (9:50), a large wispy gray area. 

 There seemed to be a small area of stars around it and it was very dim. I don't have any deep-space filters so I assumed that it was a deep-space object. I believe it is a Nebula, though I couldn't identify it, nor am I sure that it was even a nebula.

 Could anyone help me verify what this was? I can provide additional information if needed. 

Not accurately, without more information.

I assume you're in the Northern Hemisphere, but a nearby city or latitude would help.

We also need a date. If it was within the last week, Saturn was very near the horizon to the West at the time you noted -- much nearer the horizon than 85 degrees, which is practically straight up.

From the ESE to the SSE this time of year, in the Northern Hemisphere, the horizon is literally filled with faint fuzzies that could match your description. Many of these would have been at nearly the same apparent altitude as Saturn.

If you know any of this season's constellations and can more nearly identify the area of the sky for us, it would help.

Also, if by "large" you mean you couldn't cover it with your hand, you were most likely looking at the Sagittarius region of the Milky Way.

You can get a free monthly star chart at SkyMaps (be sure to download the correct hemisphere's chart) and it will help you find your way around the sky if you print it and take it outside with you.

If you turn your scope to SSE at 10 pm, you would come across the many starclouds in Saggitarius and in that area you will also find Messier 8 or Lagoon Nebula, a wide nebula that might have appeared dim to you because of its location so close to the horizon.

I do not exactly know what you mean with "85 degrees", because 85 deg from the horizon would be near the zenith! You mentioned "level with Saturn". I guess that you turned the scope towards SSE, approximately 85 deg along the horizon. Doing that and finding the object "level with Saturn" = same distance from horizon, right?, and you would have likely run into M 8. The area of stars you describe also fits M 8 because the bright and rich star cluster NGC 6530 is located just beside M 8. 

 My apologies for not providing location. I am in South Arkansas, a tiny town about 100 miles south of Little Rock.

 The time was tonight. As of right now. July 1st. I am actually on my laptop outside with my scope.

 I have to apologize again for my inexperience with direction, but I'm trying to learn. Let me see--it would be exactly, the opposite direction from my Ursa Major, which would be a WNW direction. It was near what appeared to be a bright red star, though for my experience could have been anything. I want to say that it was near the tail end of Scorpius or near Sagittarius, but please--don't quote me on that one either.

 It was no very large. Let me clarify, it was large enough to notice in my 10mm Plossi eyepiece, but still looked vary vague. I could not get a very good look at it. It was wide in shape, if that helps.

 I'm sorry if this is frustrating. I imagine my amateruism to be quite annoying, but thank you endlessly for trying to help a budding observer.

The brightest object in that part of the sky right now is Jupiter, which you can easily identify in your scope.

However, the red star with a fuzzy spot near it in that part of the sky is Antares, with M4 -- a bright globular cluster -- just to its right if you're looking at it now. This is near the "top" of Scorpius, not near the tail.

Nearer the tip of the tail there are a number of bright clusters and nebulae, but no obviously red stars (at least not obvious naked-eye).

As I write this, Antares is a bit higher in the sky than Jupiter, and just west of the N/S meridian (due South).

Here's a chart I made just now, using The Sky 6:

 I think you may have identified it. It was near Antares; the star is in the exact position you mentioned. As well it is the only red star in that part of the sky. The chart you made matches exactly what I am trying to describe.

 Thank you very much for muddling through my poor descriptions and helping me verify something. Thank you, thank you very much.