Ok. All is good. Once again, I am not going to blame the truck for the problem. What? Of course there is someone to blame! Who you ask? The previous idiot owners.
First the electrical issue: After tracing the YR wire, I discovered that it was melted from the fuse block all the way back to the back up lamp switch on the transmission. It was not connected though. The YR wire had an exposed end connector, which I am guessing shorted out on the transmission housing. Since it was not being used, I just removed the wire all together. Now, the reason the instrument cluster was not working is because it, along with the hazard relay, and the tach plug all feed off the same wire. For some reason those wires where not destroyed - Thank God!
I was able to clean up the fuse block and reuse the same socket that had melted a bit. I am now using a 10 amp fuse instead of the 15 amp.
I also took apart the harness by the battery. Cleaned the wires and re-taped what was falling apart and taped what needed to be. Looks much better!
Here is the freebie... The junction where all of those segments of wire join is located inside the main harness (the biggest bundle), just to the left of the steering column. Should I post this in another post with an appropriate heading?
As for the alternator, again, not blaming the truck. There is no telling how long the P/S reservoir leaked on it before I fixed it. And besides, I think the alty did pretty good for 25 years!
Off to swap out thermostat and a belt. I hope to remove the old carb tonight!