Today, I ripped out my old iPod Aux connection and everything connected to the Phone Connector for power, and completely re-wired the entire thing. The iPod connection was my first modification to my 986, and I've learned a ton since then. I used a lot of electrical tape the first time around, this time everything is much more polished with heat shrink tubing.
I was also able to remove the second cigarette lighter plug I had under the dash, and hardwire my new iPhone connection in, which I am hoping will be more future-proof, as it provides power and audio to a female USB. I can now plug in any device (versus only having one device specific connector) with a USB cable, and get power and audio. If anyone is interested, I used the PAC IS3301.