Nevermind, was a silly simple thing I could almost kick myself
I figured it was not a big deal that they would enter in the whole URL as that would probably be easier anyway for a cut and paste method on their side. So I went back to square one.
I reverted back the MEMEBERINFO to take out my IF statement and headed back to the memberinfo_customfields template.
And replaced it with this:
(Where XX would be the FieldID number)
PHP Code:
<if condition="$profilefield['value'] != '' ">
<tr>
<td>
<strong>$profilefield[title]</strong>:<br />
<if condition="$profilefield[profilefieldid] == XX">
<a target="_blank" href="$profilefield[value]">Magelo Link Profile</a>
<else />
$profilefield[value]
</if>
</td>
</tr>
</if>
then I set back the field in the AdminCP to be able to be shown on the Profile page once again, and wham, there it was, all nice like