Ok, I'm slightly less confused, and since I may have caused confusion I'll clarify a little here. Sorry if some of you knew this already.
The MPC5200B has an SPI interface described in Chapter 17 of the MPC5200B Users Guide. It uses either lines PSC3_6 - PSC3_9, or some of the Timer pins. The MPC5200B also has an SPI available through the PSCs that use the codec lines (PSC3_0 - PSC3_3). Depending on what rev of the user's guide you have, there's a table in Chapter 15 that suggests you can set up PSC3 for Codec and SPI. Unfortunately, the SPI they're talking about is the 8-bit SPI, not the PSC3 SPI. That was the basic source for my confusion. Hints here and in other places and some parts of the manual suggested, but it was the scope that really drove that home for me. I won't elaborate anymore here since for all I know I'm the only person who just figured that out, but if anyone is struggling like I just did and has any questions, I'm not a guru but I'll try to help. Good luck.