I believe my problem is due to a bad magneto. Per Al Fisherman's checklist, I measure resistance between blue and white wires. Measured 325 ohms, in line with 300-400 range. But the black and white wires had infinite reading. Same when I measured at the terminals within the magneto case. So large (black) coil must have a break in the wire?
Just ordered a new magneto from Dax. But then realized its a 6-hole magneto vs. my 4-hole magneto! Will it still fit and work?