Minecraft redstone circuit turns off all other circuits after any of them are turned on

Solution 1:

Updating answer with much more compact version

Old stuff

I hate answering my own question but I found the answer here: http://www.minecraftforum.net/viewtopic.php?f=35&t=60816 (I was searching google for a switch diagram when I found it via station selection search since it seems most people use it for minecart stations)

Here is the schematic for anyone interested in reproducing it. This particular one is great because it's only one button wide which makes it perfect for my goal.

Here's another one that has the indicator lights on the same plane as the button but I haven't checked this one to see how it performs.