In your code, you are using UpdateUI function which is asynchronous and trying to set the combo to the newly added item. Since UpdateUI function is asynchronous, it will take some time to update the UI to relfect the changes. You will need to set some timeout to wait for the WebCombo to refresh. Here is the modified snippet:

var currentItemResourceCount;

function wbSave_OnClick() {    var wr = ISGetObject("wcResources");    //create and add a new resource if one is not selected (an existing event)
    if (wr.Value == "") {
        currentItemResourceCount = wr.Rows.length;
        
        ISGetObject("wiResourceName").SetValueData("New Resource1");
        ISGetObject("wcResourcesColor").SetSelectedIndex(0);
        ISGetObject("wiRLocation").SetValueData("N/A");
        ISGetObject("wiRDescription").SetValueData("New Resource1");
        WS_OnSaveResource();
        //Now select the new row
        wr.UpdateUI();
        SetLatestResource();
    }
    //Now call original function and return
    WS_OnSave();
    return true;
}
function SetLatestResource() {
    var wr = ISGetObject("wcResources");
    if (wr.Rows[currentItemResourceCount] != null) {
        ISGetObject("wcResources").Rows[wr.Rows.length - 1].Select();
    }
    else {
        setTimeout(function() { SetLatestResource(); }, 10);
    }
}

David workaround works, however for the initial load you will need to set the ViewSettings SelectedDate time to the hour you wish to show first, for example:

ws.ViewSettings.SelectedDate.setHours(8);

So the new snippet, based on David's code, will be:

function WebScheduler1_OnAfterRenderView(controlId, viewMode) {
    if (viewMode == "Day" || viewMode == "Week") {
        var ws = ISGetObject("WebScheduler1");
        ws.ViewSettings.SelectedDate.setHours(8);
        var frm = ws.GetSchedulerTableFrame();
        var row = frm.rows[2].children[0].children[0].children[0].rows[17];
        row.scrollIntoView();
    }
}

WebCoverFlowItem ImageSource property will accept BitmapImage object. Here is a snippet of WebCoverFlow creation using WebCoverFlowItem and ImageSource

String[] imgList = new String[]{"binfolder.jpg", "cal_ie.jpg", "designer_screenshot.jpg",     "FF3_1_SchedulerMarch2009.png", "FFRoundedCombo.jpg", "firebug.jpg", "LIC-1.jpg", 
    "SchedulerWeekView.png", "WebTreeViewAbout.jpg"};
foreach (String imgFile in imgList)
{
    WebCoverFlowItem test1 = new WebCoverFlowItem();
    test1.ImageSource = new BitmapImage(new Uri("images/" + imgFile, UriKind.Relative));
    test1.ItemName = "Item" + index.ToString();
    test1.Title = "Image #" + index.ToString() + " Title";
    CoverFlow1.Items.Add(test1);
    index++;
}

Attached is the new sample of WebCombo using Linq DataSource control, I also encounter no issue using such configuration.

We just release a new hotfix, perhaps you could try updating your WebCombo and WebUI Framework to see if it is working with the lateset build.

Edited: 26 Oct 2009

Further analysisin the sample HyperFastWebComboWithLINQToSQLTechnology.aspx has resulted in the issue. The apostrophe data will not be searcahble if the WebCombo is a multiple columns WebCombo. A bug report has been submitted to our developer.