No spark and i can only get 5V at the coil.
p at the battery when starting was only down to 10.5V.
?ONLY? That ain't all that GOOD. Didn't you say this was a new battery rated at 6xx cranking amps? Hell that thing ought'a maintain nearly 11 cranking that little bitty thing.
Now don't get me wrong, it should crank, start, and run on 10.5V. It's just that I would have thought that battery would do better
Dammit I've told you this before. FORGET the car harness / wiring.
GET the thing troubleshot ONLY with the ignition harness
WHAT DO I mean by that?
THIS is all you are concerned with until you get spark and fire
Take clip leads. Jumper across the ballast. Clip the coil + to 12V. If you cannot get spark, you need to troubleshoot "that much" of it until you do.