Hello,
It seems you have done a good amount of research and this reply may miss the mark completely. Here are two articles that may repeat items you have already reviewed.
But i only have an old G4 Machine with OSX 10.4.11 and this doesn't work.
This link indicates that the requirements are Mac 10.5 or 10.4:
Use your AppleTalk printer with Snow Leopard - UPDATE.
Others say, that one could use IP Printing, but I can't figure out if this is supported by the LWSelect 360 and how to find its IP-Adress.
How-To: Resurrect Your AppleTalk Printer in Snow Leopard