So, for anyone interested in knowing how to change your new product dates in order for them to age out of New Products sooner than the minimum 7 days, this method, inspired by Ajeh works very will.
First, you have to log into your database, navigate to products -> products_date_added, and look for the dates you want to change.
Then, make an sql statement like this:
UPDATE products SET products_date_added = '2008-01-08 12:32:17' WHERE products_date_added = '2008-01-12 00:01:08';
The red date of course would be the date you want to use, the royal blue date is the EXACT date of the product in your DB that you want to reset.
You can use the built in "Install SQL Patches" feature in admin - tools - Install SQL Patches. Put the code in the "Enter the query to be executed:" box, be sure to end with ;
Click Send, and Voila! The dates have changed!
Hope this helps somone else out there. It sure helped me.