I just looked in the FAQ regarding ignition. And all the donations I've made to it have been removed. I guess the moderators didn't like them anymore.
![Undecided :-\](http://forums.sohc4.net/Smileys/default/undecided.gif)
So, I apologize for referring you there.
The fuse shown is the main fuse. If open, the bike won't get any power rather than just half of the points system.
You check the coil outputs (secondary) from each end of the spark plug wire. If the end caps are good you'll get continuity, 15kΩ plus the resistance in each end cap. (5K x 2 or 10K x2.)
If your test meter is not auto ranging, you'll have the select the appropriate position on the function switch.
If an open is indicated, then unscrew the end caps and probe the wire's core conductor directly. S/B around 15KΩ. If still getting an open reading then the coil is bad. Very rare without visible hatchet marks apparent on the coil body, But, anything mankind makes can fail.