Just checked everything for the umpteenth time and here is what I have: By the way, both switches are IDENTICAL in their form...not so in their function...and both ARE two position.
Original Switch: Off is CCW. Turn CW to Continuity . Key comes out in the OFF position.
Replac, Switch: Off is CW. Turn CCW to Continuity, Key ONLY comes out if the ON position (so much for anti theft).
Think I will send the replacement back.