Damn, tis a shame you are in Tx., I would make a house call.
This sounds like there is something wrong with the switch, but not being there with it in my hand and seeing what you do it is really hard to narrow it down to one specific thing.
So, lets start with the basics and work from there.
Remove the 2 wires from the Cut-Out and place a screw and nut through the holes tightly and place a bit of tape around the connection to keep it from shorting out.
BE CAREFUL, these wires will be LIVE!!
Now, remove the bulb from the bottom of the steering column and open it up.
Take your "ground jumper" and touch it to the Center terminal, the Horn should honk.
Be careful to NOT touch that jumper to any other terminal on the switch.
Next, there is a Yellow wire, THIS IS BATTERY, take one end of the jumper and clip it onto the Yellow wire. That circuit has only 2 wires on it, a Yellow and a Green wire.
Take the other end and of your jumper and touch it to the Black, which should light up the Cowl and Tail lights and Park.
Touching the jumper to the Black/Red should light up the Bright headlight, touching the Black/Green should light up the Low headlight.
Now, make sure you have good grounds on all the lights to be lit, if this works, there is something off in the switch, if not, we will work from there.
This is the beginning of the troubleshooting, if you skip this part, you will need to do it sometime unless you find another problem.