I'm back to the grind after a 2 week vacation in New York!
I replaced the voltage regulator and capacitor, I'm no longer blowing fuses when ignition switch is turned to "on" or "run/start". Attempted to start engine, it cranked but did not start.
Executed 2 tests on the Mallory distributor module, but it failed! The volt meter displayed a continuous variable reading on both tests (sensor unblocked, then blocked). Time to replace the module?!