I'm sorry, I should have specified what I'm doing. This is merely a 2 device system, with a remote controller, and a unit to be controlled. It's even only one way communication, the controller doesn't have to care what the unit says is happening, its just sending a command to change channels. So multi-drop and high baud rates and data flow is irrelevant, in this case, I think. The only reason I'm using rs-422 is because that's what the plug on the back of the unit asks for.
I'm glad that this sounds sane and workable, NW27. Thank you!
And thank you to everyone else for telling me how the RS-4XX works because I really had no idea. Always learn a new thing every time I post here!