sgallaty: Thanks for the very informative post. You've answered a number of questions and I appreciate the simple, thoughtful explanations. I honestly don't get all the electrical/mathematical points, but I think I'll be able to work my way through the dwell meter and timing light.
As I mentioned a few posts back, after installing new (properly gapped) B8ES plugs and tweaking the timing (statically, as best I could), the only remaining problem is a
slightly rough idle (though the bike no longer stalls at lights, which was the original problem). Otherwise, when I took it out for a three hour drive this past weekend (average speed: 60 mph), it started (via the electric starter) within a second(!) and ran like a dream. Also, when I inspected them after the drive, the plugs looked NORMAL.
If, between the dwell meter and inductive timing light, I can smooth out the idle (without causing any other issues), I'll be one happy (two-wheeled) camper!