Well I only have one question basically-- does the GND point on the 5k6 actually go to a point on the board, or is it soldered directly TO the board (I've seen many diagrams and they either show a point, or say to solder directly on the board) Which is it? The china magic site shows just to solder it on the board http://www.china-magic.com/magic5/diagrams/MAGIC_V50001_V10.jpg while the site I bought the chip from shows an actual point http://www.the-console-corner.com/magic5-v10.jpg (next to SCEX). If indeed I do solder the GND to this point, how does the chip stay on the board? Thanks in advance for any help you can give.
they'd both work 'cause there's a lot of GND points on a board more often then not. I'd use whichever is more convenient
Most chips have adhesive backs so sticking to the board is not a problem. And as westar said - ground is located all over the place so using any ground point is ok. It is just easier for manufacturers to show the edge of the board for a ground point as newbies are less likely to stuff up with such a large ground connection.