OK, it's kind of silly, but being still confused I did a google search and came up with this interesting thread over at the Corvette Forum:
https://forums.corvetteforum.com/c1-and-c...d-readings.html
Lots of disagreement whether the Ballast Resistor alters voltage, current or both. An ignition design engineer with 24 years in Detroit at an OEM is pretty firm in his opinion that it limits current, not voltage. When a voltmeter shows a drop to 6 V, the engineer says you must use an oscilloscope to measure and that the coil always sees 12V.
Here is one of his comments:
<<You are under the significant misconception that an ignition system is a resistive circuit. It is not. It is primarily an inductive circuit, with a small amount of resistance in there (via the ballast resistance and the coil windings). Borrow an oscilloscope sometime and attach it to the C+ lead. You will get an amazingly different reading than you will get from a voltmeter. You can't get an accurate reading of an inductive PWM switching circuit using a voltmeter! It's not the voltmeter's fault, it wasn't designed to do that task. Get an oscilloscope, and see for yourself what the ignition primary circuit (and its components) are actually doing. Please!
In my travels in the car hobby world I've run into three key wive's tales. They are:
1) Road hugging weight. (Mostly dead, but some still revert back to it on occasion.)
2) Exhaust backpressure helps bottom end torque. (This still pops up more often than it should.)
3) A ballast resistor limits/regulates/sets the voltage that the coil sees. (The coil is driven by 12 volts, and sees 12 volts at the start of every dwell period. Every time!)
Get that oscilloscope, and come back and tell me what the voltage is that is pushing the current through the coil. You will get a different answer than what your simple voltmeter is telling you. If you're an honest sort, I'm betting you will agree with me.>>
At least I'm not the only one confused
Fred