So, I made some headway over the weekend using ACT, but not a complete solution.
I first tried the suggestion in post 11, but the Akai MPK49 preset did not work at all with my MPK61. I then downloaded and imported the MPK88 X2 preset file that Robert posted in post 9. That got my basic transport working, but I am still unable to use the faders, rotary knobs or track arming buttons. I tried to work with the preset in order to get the rest of the stuff working, but screwed it up and had to delete the preset, reimport and start over. I then ran out of time, but it is a start.
I've appreciated the help thus far. If anyone has any quick n' dirty tips on how to get the rest working, I would appreciate it, but will otherwise see if I can find what I need in the manual or online when time allows (read: someday?).
I was pleased enough by the working transport that I did upgrade to Studio, for what it is worth. Hope I can get the rest in order.