Some more interesting findings!
I had already pulled the Crane box last week and took it home. I went up Saturday morning to clean up the mount and install weather proof butt connectors on the wires to get ready for the new box I have coming.
When we cut the wires I wanted to leave what I thought at the time, was a filter on the heavy 12v line going to the box. It's actually a fuse link that is shrink wrapped (why would you shrink wrap a fuse link). When I grabbed the wire to strip it back it
slipped right out of the link. I mean it literally slipped out. Turns out that the wire was never in the plastic housing far enough to ever be crimped; just far enough to touch the end of the metal contact which gave us the 12v on the ohm meter. The bare wire was clean, uncrimped virgin strand.
I'm thinking I have found a huge red flag here

(I'm about 30 miles from where the boat is kept which is why none of this happens fast )
I run home and grab the box and try to test it on the truck battery. Hook up the heavy 12v and ground and the touch the 12v switch wire; No light

OK, maybe it needs all the wires hooked up to get the verification light so Sunday morning back to the boat. I just stick the main power wires and then the distributor wires into the butt connectors. No light... Finish sticking the coil wires and tach wire in and holy crapola, a solid red light with the key

Not a momentary flash but solid.
I call BobL on the way home to chat about my findings and he tells me he had a brand new one last year for customer that had the exact same issue
I was not in a position to start the motor and I didn't want to crimp my leads until I'm sure this is the direction I'm taking.
Now I'm thinking that the red light is suppose to stay on as the Crane tech and BobL said so i'm going to pull the other link and check it as well. More than likely it's the same way; it can't sustain the full 12v thru the bad connection under load.
I'm thinking that the crimp person/machine was having a bad day which may also explain wtfo's issue as well.
Can someone actually verify if the light actually stays on or just flashes once.
I think I'm close to finding that I have a good box and some poor human mfg process control.
More to come!
Thanks,
Dave