Specter,
I don't have the ssc-32 board (yet) so I can't say anything with any authority, but I did look at the user's manual, which I found here:
http://www.lynxmotion.com/images/data/ssc-32.pdf
It looks like vs-l is to power the board itself (logic), vs-1 is for servo power on servos 0-15, and vs-2 is for servo power on servos 16-32.
It looks like there are two sets of baud rate jumpers/pins. For 115k baud, you would put jumpers on both sets of pins.
Good luck. Get this thing finished, and post us some video!