Dang guys, Thanks so much for the good information! Really appreciate it. What a great community here!
Yeah, I already ordered some of the midi to trs just to see.. but they don't work (as we found out). Ill try to get my hands on a Ladik from the website. that was actually my original solution but I couldn't find one for sale. Ill give em a ring.

One last quick one..Does the Ladik's M-221 give you actual clock speed (coming in from midi) or just divisions of it? It would seem strange to not have the actual clock speed but from the looks of it I cant tell?

Thanks again folks. Greatly appreciated.