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It's s Hall Effect Sensor. You should be able to test it with a meter set to AC volts. Connect across the two pins and spin the motor over. Output will be probably less than 1 Volt.
I *really* hate to say anything, but I thought it was nothing more than a magnet and coil of wire.. (?) That wouldn't be a Hall effect sensor as far as I know. (practically nothing)
Another possibly relevant fact. When I remove the CPS from its hole in front of the crankcase, and I look down through that hole at the gear ring, the gear ring is not centered in the hole as I would have expected. The tunnel can only "see" about half of the gear ring. Half that space, towards the front wheel, has a gear present. The other half, towards the rear wheel, if just empty space. Of course, I don't know if this configuration is perfectly normal. I just would have assumed the CPS would be positioned in such a way as to see 100% of the edge of the gear. Is it possible that somehow the gear ring has moved forward in such a way that the CPS can no longer reliably sense it and generate a signal? (My clutch is beginning to slip too, which makes me even more curious about a possibly moving gear ring).
All of them ohm out at 670 ohms across the coil; no discernible physical damage to the body or the wires.
Of course your sposed to pull the front cover and use a feeler guage but if you are not sure of your measurement down the hole, stick a bit of clay on the end of the probe. If you clean the probe well, the clay will stick to it and the residual oil on the phonic wheel will act as a mold release
Kiwi Roy:I should have made that clearer. When I first turn the ignition switch from OFF to RUN, the fuel pump cycles normally for about two seconds and then stops. So I think that portion of the relay circuit is working correctly. But after this 2 second priming thing is done, I think the ECU never receives the pulse signal from the crank phase sensor, even though the starter is turning over the engine vigorously. So the ECU thinks no cranking or engine rotation is occurring, and thus never commands a spark or fuel injection pulse. I’m wishing there was some shade tree way to test this stuff. Like in the Olden Times when we could just open up the points to at least see if you get a spark.