Thanks for the quick reply. Just to clarify: if the accessory I'm trying to wire is shown in the manual (my first one is the Lionel water tower) I have to wire it exactly as shown? Sounds pretty dumb as I write this, but my thinking process is as follows:
I've read on this website that you can create jumpers for the common terminals on the SC-2. I understand the terminals are not connected to each other internally. Do the jumpers allow for just one common wire running from the SC-2 to an external power source? Otherwise, I don't see the point of the jumpers.
BTW, my wife bought me the MTH freight station for Christmas. Very nice. I don't know if you have any experience with it but one switch activates the lights and I presume the other switch would be considered momentary since you hold it down to activate the conveyor belts.