Well on of my biggest fears of owning an old motorcycle has come true. I have a melting wire connection. I am hoping this is or can be an easy fix.
This is the Left side of the bike. As you can see from the picture its is melting the plug and attached wires. from what I have been able to see the lower connection of the plug goes down to some kind of vented box mounted behind the rear foot peg and above the exhaust pipe. The upper connection loops up and then down with a group of wires that shoot into the case going forward of the bike. The wires are only hot and smooking when motor is running. I tested with key on and it was cool, tested with key on and run switch on and it was cool.
I am keeping my fingers crossed that this is going to be an easy and fix.
http://i906.photobucket.com/albums/ac264/bobandlou3/IMG00085.jpg