So, today I took out my soldering iron and fixed it so I not longer have to mess with xset or the scroll lock ever again. I took several pictures in case anyone wants to replicate what I did.
1) take apart keyboard; 2 screws are hidden in the bottom feet on left/right side
2) on the circuit board as seen in the photo below, desolder the transistor (in the red box), solder 2 wires at the green spots and solder a switch between the blue dots. http://i.imgur.com/3LLDitM.jpg