The good news is that your TED may improve with time. I was diagnosed with Graves and TED in 2007. Some of the initial symptoms were double vision, redness, swelling, and generally looking like a deer caught in the headlights. The double vision initially subsided about a year ago. I had my RAI in November of 2009. Just in the past few days I noticed that my eyelids are actually touching the top of my irises again. I had a doctor (not my endocrinologist) recently comment that "your eyes look a lot better." My eyes still have more than the usual amount of redness, but that is an ongoing battle.
Keep the faith and know that you are not alone in your worries.