Hi Aron,
I did this a couple of days ago, but I got a kind of bad sound out of it. I took my time hooking up the board before I worried about any of the other things (pots, light, jacks, etc.). I triple checked my work, made sure that the soldering was clean, parts were in order and so on. Check! Then I began everything else, which wasn't really much of a problem given the diagrams that you had. It took me little while to find the right value of the resistor for the light to be bright. I got a Radio Shack light that has a small nut to screw it into the box and hold it securely, basically I had to us a 10k resistor. I finally got all of that working and hooked up a 500k linear pot and all the rest (leftover parts from something that I ordered from Small Bear but failed miserably) and was ready. Well, I plugged everything up and got a true bypass and the light worked and everything. But the sound is like a bad compressor, it seems to be barely on when I crank the volume, I have to really hit the guitar with some force to get a cruddy, semi-broken up sound that is not really a boost at all. Do you think that maybe I got the wrong kind of transistor? I can't think of anything else. I got something that said '222' on it, but I threw the box out. I switched the direction of the transistor and got nothing. Any suggestions what might be wrong?