My journey is finally over, fixed the car. There are some lessons to be learned from the folks on the web who claim they can fix SRS modules.
BLUF: If you want the moral of the story, here it is -- buy NEW parts from Honda, the site everyone uses is much cheaper than the dealers.
I mailed off the bad SRS module to afore mentioned company, they quick turned it back to me for $112 ($12 shipping) ... put it in, did exactly what it was doing before I sent it to them ... wouldn't reset, no codes ... nothing. Called them up, told them the issue, had good power and grounds ... they agreed to fix another box they had in the shop and send it to me for free (cool, right?)
Got the 2nd box, put it in ... resets, but has codes now "1-3" for a bad drivers side bag or reels. I send off to the same company for the simulator resistor ($33) ... takes about a week to get it ... start isolating the bags and the reels ... still getting "1-3" ... shoot the wiring per the fault tree ... all checks good ... book says "bad box".
I pull out the 2nd box and look at the writing on the bottom of it ... guess what it says "per conversation 2/22/07 shows dtc 1-3" ... so how do you think I feel about that!? I call them up, tell them the issue and the lack of confidence I have in their ability to repair these boxes ... they disagree with my thoughts but agree to take the box back and refund me my $100.
I buy the new one from Honda, put it in ... works like a champ ... so, be ware of what you think you might be saving when it comes to SRS parts.
Happy Holidays All!!