I was typing the answer below as you entered your second question. So, the answer is "yes, but..."
My Connection> Switch: NO (mom) closed ... the E-Stop pin is showing it is pulled up to ~4.37V
Oops - I forgot to address this issue. For a normally open EStop switch, you should keep the jumper that we provide on J14 between the EStop input and GND. You then should wire your normally-open switch to J14 between the /FAULT and GND terminals.
I would, however, HIGHLY recommend not using a momentary contact switch for the EStop signal. The idea of an EStop is to keep the machine disable until whatever the problem was has been fixed or cleared. By having the EStop switch latch, you have a mechanical backup to the hope that nobody comes by and hits the "Enable" button in Mach while you have your hands in the machine.
Also, there is a concern in making sure the EStop signal is asserted long enough to be guaranteed of being reported to Mach4. With the PMDX-424 this is less of a concern in that the PMDX-424 will latch any active EStop transition until it has been reported to Mach4. However, there may be situations where that ONE communication packet is lost or corrupted and Mach4 doesn't actually see the EStop. And with the PMDX-411 there is no latching function in the device. So if there is a short pulse on the EStop input (as *could* be the case with a momentary contact switch being pressed in a hurry), there is absolutely NO guarantee of that event being passed on to Mach4.
Bob