Today was a good day. I re-soldiered the suspect connection, used some heat shrink as well as some liquid tape I picked up from Lowe's today during my lunch break (thanks Batman!). Crisis averted--electrical problem fixed.
Next step, I rolled the bike out onto the driveway and fired her up, showing my 8 yr old daughter how to adjust the air mix screw. To be honest, I'm not sure where I landed, but it's somewhere between 2.5 turns out and maximum "outness". I'm pretty sure I need to step up the idle jet at some point.
...However...
The bike ran great. I took it for a spin around my neighborhood to warm it up and returned to my driveway. After being warmed up, it tried to sputter and die (and not because I had the petcock in the wrong position like a dumb a$$), so I increases the idle speed screw ever slow slightly. She was purring like a kitten.
So off I went. She ran great. I finally got to take my first bike ride (I just passed my motorcycle safety course) and it was awesome! I never got over 35 mph, but that's ok. Baby steps
Thanks Batman, Justin and others who gave some truly sage advice!
Barrett