Couldn't you buy a multiple AND gate chip and connect a couple buttons to it that act as another switch. Is this overkill though? I don't have much experience with keyboard encoders/hacks, but an AND dip and a circuit board to mount it on should only run a couple of bucks. Don't know how much you trust your techie skills in this respect though. Also, i dont know which IC number would be needed.
EDIT:I want to clarify that I mean to make holding a button combonation act as a different switch. You'd have to be careful about which one you chose though. If you have a dedicated escape button, i might suggest using it and the player start buttons.
You could also make a more complicated circuit that could do something similar, but it would use some sort of flip-flop to work as a toggle between on and off. You could make this control your surge strip to turn your entire cab on and off (you could probably hack something together to make your computer power on immediately after it receives power(BIOS options or a delayed switch on a pcb). This would require its own power though I guess, so it could be more trouble than it is worth(a low ampere wall wart maybe?) on several levels. I might try to build something of this type in my upcoming first cab but we will see about that. I'll post it if I get anything together.