Thanks ron for the link. I guess those wires are good to cut, I will leave them long like kim said. Kimcrwbr1 I looked at my new coil and its an Accel 12 volt coil. So Im assuming that this coil will be good without the resistor, correct? Thanks again guys for the imput. I really wanna do this right and hopefully get this beast up and running.
You can run any coil without the resistor, issue is should you.
A coil is just what it sounds like, a coil of wire, so it doesn't have a "voltage" rating, the reason for the ballast resistor is to make the coil last longer when voltage is 13.6-14.6v, i.e. alternators output while engine is running, and when it's hot in the engine bay while engine is running.
When starting a cold engine a hot spark is what you need, when cranking the starter motor coil gets about 10volts, starter draws alot of amps/voltage, so if you test voltage at the battery when cranking you will see about 10volts, if it gets down to 9volts battery is going bad
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Once engine starts a hot spark is just a waste of energy and heats up the coil more, so shortens it's life.
Ballast resistor reduces the 14v down to about 8-9v, so only slightly less than cranking voltage.
No coil "needs" the ballast resistor, so really up to you, it is your money that is heating up under the hood, lol.