Ok since i started this stir and after reading McGyvers words of wisdom i went ahead and tested with a 10k resistor ( all i could find laying around) A 10k resistor will put the chip to sleep. So i went ahead and wired it up the same as in CapeCads schematic. It does work for me on this TI ptn08060w chip that way with a NO switch. Vapes nicely also. I will have to go to radio shack to get some 100k threw-holes tomorrow and test it with one of those. I could swear i have some 47k around here somewhere i will look and see if i can give those results tonight. Keep in mind this the 6 amp version of the chip and i have not looked at the data sheet for info on the inhibit pin. Also this is my test chip i didn't care if i fried it and i don't know the long term effects of a 10K resistor on it.
Edit#1
Direct switch amp draw 12volt, input side of regulator .81 amps
Inhibit pin amp draw 12 volt, input side .84 amps
Does draw about 30 extra milliamps wired up using the inhibit pin
Edit#2
Found one more 10k resistor and ran the 2 in series 20K is not enough to put it to sleep. So i guess it was luck of the draw with the first 10k.
Please note that even though this worked for me, I dont not endorse or advise it`s use in any way shape or form. Use at your own Risk
My advise wanted or not would be to go with Big blues original plans and use a big old fat amp switch, The chicks dig them