So the GGG cables: they connect to the opti wiz board which I need to purchase separately?
Yes, you will need an optical (mouse) encoder to translate the Quadrature waveforms from the Red Boards into mouse movements.
The cable is plug-and-play with the Opti-Wiz3, but you can rearrange the GGG cable Dupont wires (black housings on the left) to work with Ultimarc optical encoders
or an Arduino if you feel like saving some money by "rolling your own" optical encoder.
I assume that board then provides usb and ps2 inputs?
Nope, just USB -- lower left connector in pic above.
Scott