Awesome, that is what I figured. So, pardon for a my ignorance here, but from what I gather, I should be able to come into the end of one of the terminals, then daisy chain it all down that side. On the other side, I would run in any wires that I need to use to carry power. Correct?
On another note, I have a smart power strip that I am going to be running everything through. I want to bring this out to the back of the cabinet. The idea was to take a female end from the back of an old power supply, cut the plug off of the power strip and wire it to it, then connect the wires via solder. Here is a pic of the female end I took out of the power supply:


Does anyone see a problem with this approach? Too much electricity coming through the plug? I have a bad ass power cable for server racks, but this seems like it could be a weak point. Also, can I silicone the soldered connections afterwards to prevent accidental electrocution??? Or would that just be a bigger fire hazzard?