by sportsterpaul » Mon Mar 06, 2017 11:10 am
If you mean the little capacitor going to the regulator, that is there for radio noise suppression. It takes the switching spikes out of the regulator relays and keeps radiation down. It is way too small to store any large charge, its charge time is about a hundredth of a second, if that. Its not impossible that a bad capacitor would cause horn problems, but huighlly doubtful. Still, capacitors are a low-reliability item, although these noise suppression capacitors do not get hot like a condenser in the circuit breaker of a battery bike, they still can fail.
"Resistance should dump to zero"
Well, a capacitor should be open-circuit and when you measure it one way you are charging it up with the multi-meter ohms test current, and reversing it will dump the charge back into the voltmeter, not enough to blow the fuse in the multimeter with small cap like this, but back down from open-circuit. Depending on the meter, and if the capacitor is a polarized one, the meter may go back to open circuit.
Now if you mean those big aftermarket capacitors the size of a beer can, well yeah, they hold enough charge to take a little flicker out of the headlamp at idle. They charge up in a tenth of a second. They are definitely polarized types, and they do fail with vibration and temperature. If you have one of those, it never hurts to replace it, and it might take enough ripple out of the generator output that it would affect the horn.
Its well-known that any horn is persnickety. You still have not ruled out the handlebar switch, which may well be high resistance or intermittent. It is a really crappy switch.