Thanks for weighing in, harescrambled. The electrical system on this '73 is very primitive. It is 6 volts. The daunting part of this mission is no faithful wiring diagram anywhere. I'm using a '75 diagram and it is as close as I can find.
The big , honking resistor is mounted under the battery box and is in series with the daytime charging coil voltage tap
that feeds the rectifier diode. It is a current limiting resistor, prolly as to not overcharge the battery in day mode. When lights are selected ( night mode), the tailight is switched into the circuit and presents addition demand on the DC battery.
In this mode the resistor is switched out of the circuit and the full output of the charging coil is presented to the diode rectifier. The resistor is entirely bypassed at this point and is idle. That baffling, other component (also mounted in the same bracket adjacent to the resistor , has got to be some kind of AC limiting device. It is heavy wire wound on a laminated steel core and apparently insulated from that core. It is definitely factory equipment but does not show on any literature. The flasher relay is under the gas tank, I believe. I am going to trace the yellow wires that are connected to that mystery coil and see where they go. I have a feeling they will be in series with lighting, AC, coil output. I'll post results later. A full wave rectifier would present a higher average voltage into the DC circuit and maybe shorten light bulb life. But later model year bikes switched to full-wave diode rectifiers and still ran 6 volt systems and deleted the inline resistor. But they also made other circuit changes as well. I will keep prospecting the wiring bundles and search for the electrical Truth !! All are welcome to comment since documentation is very limited on this model. Thanks guys