Hey, guys i really appreciate all the input so quickly!
We did open up the handle bar controls and clean them, so that's covered.
Every single connection we expected to have 12V on only had 10.5V consistently, no variation except may a couple of hundredths; for instance, Ignition coils, horn, blinkers, all lights, really. Bought a new winker, just for kicks.
Had the headlight out of the bowl and all the connections we inspected there and, in fact, all over the bike are just peachy, no corrosion, etc. If there's a bad connection it's very, very early in the system.
Which makes me think if the key switch precedes all other connections that may be the most likely and least expensive culprit. How can i test voltage in and out of it, though, the connectors are all closed off inside the connector. Bridge them or something?