Ah the dreaded 79 650 charging issue, sorry mate been there done that but at least you can gain from our lessons learned.
If the motor is turning over when the button is pushed then your battery is fine, something else is holding it back.
Old plugs might be dirty but they won't stop it firing up either.
You should get about 14 volts from your battery, put the lights on and it will dip to maybe 13.
I chased this gremlin through my whole system for months, bike ran well enough but even after riding all day once I turned it off it didn't have the power to start again, leave it for a while and she starts.
I used a borrowed stator, wasn't that.....a borrowed regulator/rectifier, wasn't that.....a borrowed rotor...jackpot.
My bike starts first time everytime now and holds charge for weeks when I leave it.
Not saying this is your problem but it turned out to be mine, our 79 650's have an aging charging system (30 years old
![Grin ;D](http://forums.sohc4.net/Smileys/default/grin.gif)
) so adding bits is gonna have to happen.
I got a second hand rotor for $50.