In 1181 AD, Chinese and Japanese observers reported an unmoving bright ‘Guest Star’ in the constellation Chuanshe, visible for 185 days. In 2013, D. Patchick discovered what turned out to be a unique nebula surrounding a unique star, with the structure named ‘Pa 30’, while subsequent workers made connections to mergers of white dwarfs, to the supernova subclass of low-luminosity Type Iax, and to the 1181 transient. Here, I provide a wide range of new observational evidence: First, detailed analysis of the original Chinese and Japanese reports places the ‘Guest Star’ of 1181 into a small region with the only interesting source being Pa 30. Second, the ancient records confidently place the peak magnitude as 0.0>Vpeak>−1.4, and hence peak absolute magnitude −14.5 >MV, peak>−16.0 mag. Third, the Pa 30 central star is fading from B=14.9 in 1889, to B=16.20 in 1950, to B=16.58 in 2022. Fourth, recent light curves show typical variability with full-amplitude of 0.24 mag on time-scales of one day and longer, critically with no coherent modulations for periods from 0.00046–10 days to strict limits. Fifth, the spectral energy distribution from the far-infrared to the ultraviolet is a nearly-perfect power-law with Fν∝ν0.99 ± 0.07, observed luminosity 128±24 L⊙, and absolute magnitude MV=+1.07. I collect my new evidences with literature results to make a confident case to connect the East-Asian observations to a supernova, then to Pa 30, then to a low-luminosity Type Iax SN, then to the only possible explosion mechanism as a merger between CO and ONe white dwarfs.