I'm looking at the wiring diagram for the King of Klones, and I was wondering if I could wire the switch in the manner presented here:
http://www.diystompboxes.com/pedals/images/3PDTwiring.jpg
You could, but I don't see the advantage. Only one disadvantage; your board input will not be grounded when in bypass.
I suggest using the method pandadandan posted in this topic: http://www.madbeanpedals.com/forum/index.php?topic=15 (http://www.madbeanpedals.com/forum/index.php?topic=15)
Everything is kept grounded and it lends itself nicely to clean wiring jobs.