So I took the car out last night for about a 30 minute drive. The brakes only got "stuck" one time....which is a noticeable improvement over what I had experienced on Monday. However my engine still ran hot and was nearing the peak of the temp gauge by the time I got home. I could also smell the brake pads in the front and they were super hot. Car is stopping great though.
I'm going to reread all the posts and try to find some more reading on this type of brake setup to see if I just assembled something incorrectly. I can't see how being that there are only two bolts holding the whole assembly to the spindle..there's not much to mess up. Thanks again for the help everyone!