Hi Wayne,
I too am/was considering the same system... but then I read their
FAQ
ANd that kindof threw me...
I REALLY like the concept tho...
To answer part of your questions, you use the manual switch for regular on/off... otherwise the device itself (past the manual switch) will drain your battery.
I liked the feature that if the transmitter gets turned off (or isn't on to begin with) the ignition is turned off too...