Paul,
Most excellent news. I was just thinking about your problem this morning and it inspired me to look at my '81's ignition schematic. Coils after the points (or pulse generator in my case), hmm?
Given that, jumping the wiring between the points and the coils made sense (you're a genius Polymer ;).
Mostly I was thinking about how bummed you sounded in your last post about how much money you've put into the bike, etc.
I'll take this opportunity to say that we own bikes that are worth putting money into even if we never see a financial return on our investment. There's a lot of guys out there that ruin these bikes by trying to customize them (without knowing what they're doing) or just plain old running the shit out of them without putting a dime into them.
You're obviously the type that sees the value of the bike and naturally thinks it should be maintained. If it weren't for guys like you there wouldn't be any 78 CB750K's left for future generations (this includes the children of the jackasses I mentioned above).
Besides, there are worse hobbies you can sink your money into and get no return. I golfed for years, spending thousands of dollars to smack a ball around with high-priced sticks. It's a great game but nothing like the satisfaction I get from riding a classic motorcycle that I personally repair and maintain. Plus, I can easily spot my 81 750k or 74 Moto Guzzi Eldorado in a parking lot full of Road Kings and Ultra-Glides. (By the way, my buddy just paid $1300 to the Harley dealer to diagnose and replace the fuel pump on his Road King just so he can strut around looking like a member of the Village People... I love him anyway.)
Keep up the good work,
Jimbo
'81 Honda CB750K
'74 Moto Guzzi Eldorado (LAPD)
'08 Kawasaki Nomad 1600