Ok, yes WE GOT HIM!
Fortunately for him, (and us) we did opt for the "Catch & Release" turns out he is the cutest thing you've ever seen (as far as rodents go). The Rat/Squirrel is actually this weird large mousy thing. So the peanut butter worked and there he was yesterday morning not at all happy about being in our trap.
Here's what the little booger looked like post-trapping, and on his way to his "Release Site"
My camera was dead (gasp) or I would have a much better picture, and Im ashamed...
So we took him down the road to the Howdy's / Dairy Queen (Im sure they appreciated their new addition) to let him go. There is nothing but desert behind it, and we figured he would have plenty to eat (but his cholesterol will most likely suffer).
We sneakily crept down the arroyo and I hit the button to open the doors. Ok, here's what we didn't expect. He took two steps out of the trap and then JUMPED literally 10 feet. He hit the ground and lept again, another ten feet. Three more jumps and he was out of site. Amy and I sat there and stared in complete AWE. After a few seconds, I said something like "he jumped just like a Kangaroo"... that was about the time that lightbulb went on, an Aha! moment. In unison "KANGAROO RAT!!!!" This is what my Google search revealed. Sure enough we had ourselves a GIANT Kangaroo Rat. We set the trap again, so hopefully I can have better pictures AND a release video next time.