Don, you're a brave man. Drikko's picture shows it cleaned up a lot. It might help if you have a circuit diagram for your model, but I suspect that in 1973 bikes came off the production line as individually crafted pieces of Italian electrical engineering, each one different depending on who assembled them and how they were feeling at the time. Mine had several block junctions with 2 wires on one side, one on the other, all different colours, none corresponding to the diagram I had.
If you're doing it authentic, you'll be using 2 screw terminal junction blocks held to the inside of the bucket (one on each side) with little metal "fingers" riveted to the inside of the shell. I wish I could help more, but I used to open my 3c headlight, turn sickly white, and put it back as quickly as possible. Hopefully someone here can give you more useful information.
Ken