That's it exactly, DeathTouch.
I'm going to read you the specs on this thing, maybe it'll help. It's in my possession, but with the company return policy it can be returned (no RMA needed) within 30 days just because you didn't like it.
On that sheet, with wiring diagram, from the motor itself it shows the AC ground wire (green). The black is separate, just says 110 VAC
Then the Blue wire (which also goes to capacitor) is for clockwise rotation, and another wire [from motor) is red, for counterclockwise rotation. Both red and blue come together and it says 110 VAC there also. It says "Use a Switch" underneath, which I take to mean for swapping between CW and CCW rotation.
I'm not sure I explained it right. If not, I can scan it in, and post the drawing.