I think I figured it out during a nearly 4 hour flight to Charlotte, while pouring over a wire diagram and reviewing the comments.
This was reviewing the wiring diagram to see what the black wire from the key switch powers. I was thinking that something else could be drawing power that should go to the regulator side of the combo reg/rect. I have. Then I remembered that when I jumped the white wire from the field coil to, see if I got charging increase, I noticed the headlight turned on. I didn’t think anything about it at the time, but I realized that the white wire to the regulator should only go to the field coil. Not my headlight. My headlight also doesn’t get brighter as I ref the engine up. So clearly the headlight is wired into the same white wire from the field coil and being powered by the battery. Realize….i have an aftermarket wire harness I purchased to replace the old wire harness that was chewed up. So now I’m gonna go back to the stock harness, clean and repair it, then reinstall and see if that fixes the issue. Which I think it will.
However I will be traveling for work and personal for the next three weeks. I will post an update when I’m done. Hopefully the update will include SOLVED.
Stay tuned.