Keep in mind, the Molex terminals at the ignition switch connector will build up resistance and create excessive heat under normal loads after all these years. The brown wire (ignition2)is the ballast resistor bypass and would only have coil current while cranking only. The measurement posted shows no load present on the brown wire at rest. The picture shows that most of the heat damage is at the red wire main power feed. Again, fairly common on these cars. Replace the Molex connectors with something that can handle the normal current loads.
These are Anderson Powerpoles, reduced the voltage drop on ignition1, while runing, by a full volt over the undamaged 48-yearold Molex connector they replaced.
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