My truck did the same thing after I bypassed the resister. Knowing that I needed new GPs, I thought they would correct the problem. However, after I changed the GPs to the AC60s, it still did the same thing.
Doghead, I may have over looked pictures of the resistor bypass but I had a few questions of how to complete it after reading about it here on SS so I called my buddy Randy at the Veteran's Museum in Huntsville to discuss the resister bypass. He told me to cut off the wire coming out of the right side of
resister, solder on a terminal lug and move it up to the stud on the connection box (not sure what it is called) as described in your post.
The truck still takes forever for the Wait light to go out. Well not forever but just as descibed it the orignal post in the thread. I willl check volt meter tomorrow.