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What you found is the norm from what I have found. Normal on regulator wiring. Take off coil either way.
Also give a good look at the breather hose that comes up off the block, in the vee, near the bell housing (and up to the bottom of the spine frame). Make sure this bugger looks healthy. If it looks cracked at all, get a replacement. Hate to have you go in there twice! MG Cycles sells an aftermarket one.
It should pop right off, it's not a taper shaft or anything. Just a little leverage behind it? Once it comes off, store the rotor and stator together. It can lose it's magic ju ju if you don't.