3 torqueflite questions...

Alright! So if I understand it right the middle is + from ignition key & the front (o.d.) & rear (Lockup) ones could be connected to switches that are grounded at the other end?

Yes, that would be the simplistic way of doing it.
They are pretty fun to play with like that because you can engage lockup at any speed and in any gear and OD after the trans is in 3rd.
That was where my comment about idling on the cam at 45mph came from.

Before I set up all the stuff for it to shift OD and lockup completely automatic I played around with it completely manual for a day.