Ok... crazy luck I guess, I actually got through to someone who knows what is going on.
Whether you bought will-call, or had your tickets sent, you will present yourself at the Will-Call window at the venue, and will be given your pass and poster. They will have a list of the names who bought the package.
I specifically asked if the pass would be held past the first show, and they said yes. In other words, I'm showing up on Friday, and my pass will be waiting for me at the Will-Call window.
The guy said Ticketmaster was supposed to have told us this. But now we know... but I still don't know if the early-entry benefit is transferable. Sorry.