This is what I was going to use for my new power button. It's a 3 pole rocker switch that goes back to the off position when the lever is released. It's mounted on a piece of acrylic and protrudes out the front of the HDD enclosure.
I looked up the XU4 schematics and found that its existing power button has a couple of it's pins wired together...
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Using a multimeter I found which of these pins were connected on the board...
Since the rocker switch went up and down and I only needed it to work as a momentary switch in either one of these up/down positions, I decided to connect both the up and down poles together so it didn't matter which way the lever was positioned.
After the wiring on the switch part was completed, I soldered the other end of the wires onto the XU4 board to the non-connected contacts of the XU4 power switch.
This is what it looked like with everything in place...
...and here's a video of the rocker switch in action. It shows that when the lever is pulled up or down, the shutdown dialogue box pops up, as expected.
-i