I know this is an old thread but it seems to come up a lot...
To ensure the power supply comes on when it gets plugged in, connect the green wire (power on) to ground (black wire). You can install a switch in there but I don't. The power supply has a switch under the AC plug in the back already. I just use that.
To get the power supply to give you constant voltage and not power down due to improper load, you install a 10 watt 10 ohm sandbar/wirewound resistor between +5 (red wire) and a ground. You will want to heatsink this resistor because it will get hot. I suggest zip-tying the resistor to the fan holes in the back of the power supply. This way the fan cools it off and it dissipates heat quickly.
To get the +12 volts, you use a yellow wire (if I remember correctly, check with a volt meter) and a ground. To get +5 volts, use a red wire and a ground. I suggest using a different ground for each of these steps as there are many available and it keeps things cleaner.
In my HydroCade thread on the project announcements forum, I post a link to a site that shows how to do all this. In the end, this technique has worked remarkably well for me. I'm really pleased with the results.