The initial feature set of the VCR relies on a Microsoft-branded remote control to send signals to Windows and control XBMC/Kodi. Eventghost has been able to parse all these signals into useful commands, including one to put the system to sleep (effectively powering off). Unfortunately, this still required physically pressing the “power” button on the face of the VCR to toggle the system back on. To solve this, I enabled wake on USB in both the BIOS settings and, back in Windows, in the device settings for the remote.
To find the device settings for your remote, open the Control Panel and navigate to the Device Manager under the “Devices and Settings” section. Locate the listing for your remote in the device tree, right-click it, and select “Properties”. Under the “Power Management” tab, make sure that “Allow this device to wake up the computer” is checked. Click “OK”, reboot, and you’re all set! The power button on the remote should drop the system into standby mode and a second press should wake it instantaneously!