I have read all over the forums and it seems like this should be an easy bind or easy fix however I am frustrated with this thing and have called Futaba's support only for the guy to tell me to"hold the button down for 5 seconds then it should bind."

Here's what's happening:
turning on Tr, green light is solid
switching on rx
holding rx button until light turns red

At this point it should bind but I'm only getting a blinking green light. I am set in PPM mode on the radio and batteries are all fully charged. I'm practically holding the radio an inch from the rx when attempting to bind.

Any help on this would be appreciated.

Does the module in the radio on the FAAST system not also have a bind button?

yes it does

You need to hit the button on your TX first. Should flash on/off. Then you can bind it to your RX. My 3PM was the same way.

I tried that too with no luck.