You know... As I was typing that response I had one of those "Oh sh..." moments. I realized that the diagram is showing the bank being connected from the 12V line to the Bank Voltage Select, and then that line goes out to all of the buttons. I misunderstood what the diagram was showing and never sent that voltage line back out to the buttons. I also never ran the power supply ground to the ground jack on the unit. Quite frankly, for the combinations I did try, I have no idea what I tried, and am probably very lucky I didn't blow the unit. I just got the LED-Wiz to light and animate a button finally! So, here's what I did for success:
+12v to devices connected to outputs 1-8 <------------ Bank Voltage Select 1-8 --------------> +12V to PC Power Supply
External Ground (Next to USB 5V Output on LED-Wiz < -------------- > Ground from Power Supply
Output 1 < --------------- > LED Ground on button
So, basically, if you read the instructions, and then follow the instructions, then it will work as expected!

If anyone sees any major flaws in what I have done, PLEASE let me know. I will probably get these all wired up this weekend!
Thanks,
Louis