Ok.. guys...
Im preheating the oven and getting out the cookbook..
Tonight im baking a humble pie..
Pert, i read your reply while at work and came home to try this out..
For some reason i wanted to check my current setup again and i made a rather embarissing discovery..
I was connecting the teensy (2.3 by the way, sorry for the confusion) again and ran the monitor with the button.
Suddenly i saw
Key 0 PRESSED.
Key 0 RELEASED.
Key 0 IDLE.
Im thinking what the hell is going on now?? How is it working this time.. then it hit me like a hammer..
I was looking at the card... upside down!!! Am i a muppet or am i a muppet?
I cant believe how i made this stupid mistake, maybe for the last week ive been so focussed on the code itself and the setttings for the monitor that i completely overlooked the whole upside down thing..
Im blaming this all on the fact im trying to cut down on the daily intake of coffee, but i think id better blame my own stupidity 
But i take a bit of solace in the fact im probably not the first noob that made an error like this..
So i went and uploaded the whole code made by MattRHale which im using for this whole project and this works as well!
So yeah, the button is pressed, and the button registers!
When i connect it to the next ports over, the button registers!
One thing i dont get is when i use the pushbutton it works, but then i have a flipswitch, which will only register when i have the positive on say port 14 and the negative AND the illumination in port 0
just = and - wont work, itll only register if i also put the "light" connector in with the ground (on port 0)
I worked that out when i was holding the button and actually made that contact with my fingers, so yeah it was a bit confusing to get my head around that..
Long embarissing story short, its working now!
Now, i need to figure out how to connect the Voltage Steup-up module.
The Instructable made it clear i need this since all buttons im using (21 in total) are illuminated.
Its a 2A Max DC-DC Boost Step Up Conversion Module 2V-24V to 5V-28V Output
The guy posting the instructable has a few more buttons than im about to use so that should work!
On a side note, i again want to thank you guys and give you some digital cookies for helping me out here. I hope you dont feel i wasted your time with the whole upside down thinking, cause i still learned a whole lot from all of you.. This is forum at its best!!