When you test low ohms you should check the ohms of just the leads. Set your meter to the 200 ohm scale, touch the leads together. This will give you a reading of the ohms of the leads. On my Sunpro meter I get .1 ohms, the same leads in my Cen Tech meter they read .5 ohms. What ever you get remember it.
Now test the slip ring on the rotor. Lets say it reads 5.3. On the Sunpro I subtract the .1 and get 5.2 well within the specs. With the Cen Tech, 5.3 - .5 is 4.8 still within spec.
A reading of 00.5-00.8 is either very low or you are doing something wrong.
Try cleaning the rings with a very fine sand paper and electrical contact cleaner. the sandpaper can leave some of the glue on the rotor, the electrical contact cleaner will remove the glue. Try again.
Another thing is go to radio shack and pick up a small pack of 5 ohm resisters. Use these to learn a bit more about how your meter works.
With a two volt drop at the brushes you have a bad connection some where. Most often inside the key switch. Most can be taken apart and cleaned.
To further test check voltage at the fuse, on the red wire at the key switch and with the key on at the brown wire.
The reg uses the brown wire not only as a power supply for the rotor but as a voltage sensing wire. It reads the voltage on the brown wire and uses this voltage to determine if the battery needs charging. If the voltage on the brown wire is 2 volts low at the reg if it charges it will try to charge the battery to 2 volts higher.
Not a good thing.
Recheck your rotor if it still reads lower than about 5 ohms your rotor is bad.
Leo