Thank you John, I was concerned they were hard to read but I couldn't make it larger without distortion.
The vcc to the FTDI CHIP comes from usb, the usb 5v is split and goes to one leg of the switch the Vreg 5 v goes to another leg and depending on the switch flip the center pin sends the choice to the vcc pin on the FTDI connector.
Sounds like the circuit you suggested will be what I am looking at doing here and I will look thanks again for the eyes, sorry it was too small.