Okay, here's what I ended up doing. I took your advice, and made this an Array for the RowSource. Using an Array is really my preferred method of doing ComboBox Lists.

* The FORM LOAD event:
WITH ThisForm
   This.DoSets()
   .cTable="certs"
   * Put values into the Form's .aBend[3,2] array.
   .aBend[1,1]="Not Tested"
   .aBend[1,2]=" "
   .aBend[2,1]="Pass      "
   .aBend[2,2]="P"
   .aBend[3,1]="Fail      "
   .aBend[3,2]="F"
   * Put values into the Form's .aWrap[3,2] array.
   .aWrap[1,1]="Not Tested"
   .aWrap[1,2]=" "
   .aWrap[2,1]="Pass      "
   .aWrap[2,2]="P"
   .aWrap[3,1]="Fail      "
   .aWrap[3,2]="F"
ENDWITH

* The FORM INIT event:
This.ListIndex = 1

* ThisForm.cboBend.LostFocus()
WITH ThisForm
   DO CASE
      CASE This.ListIndex = 1   && Not Tested
         REPLACE Certs.Bend WITH " "
			
      CASE This.ListIndex = 2   && Pass
         REPLACE Certs.Bend WITH "P"
		
      CASE This.ListIndex = 3   && Fail
         REPLACE Certs.Bend WITH "F"
			
   ENDCASE
   .SaveCancelStatus()
   .Refresh()
ENDWITH

*The ComboBox was set to:
cboBend.BoundColumn=2
cboBend.BoundTo=.T.
cboBend.ColumnCount=2
cboBend.ControlSource="Certs.Bend"
cboBend.FontName="Courier New"
cboBend.RowSource="ThisForm.aBend"
cboBend.RowSource=5 (Array)

>You're not displaying the value anyway.

>I would, actually, do it a bit differently. If you want to use value, then, >I think:

>RowSource = 'No value,N,My Second Choice,M,My ThirdChoice,T'

>RowSourceType = 1 && Value
>controlsource = myTable.MyField
>BoundColumn = 2
>ColumnCount = 2

>Something like that. I actually always prefer to use either cursor or an array for my combos, that's why I can not write exactly from the top of my head.