Before I'd worry about your possible new wiring, I'd find out what is causing the meltdown.
Ya got running lights, Cobra's and or etc on the bike. Do they run through the starting wiring loom? If so, get them off of there and run a seperate line with a relay to these lights. That should solve your problem if you rewire it correctly.
Thank you for responding RJ.
Yeah, I have auxillary lights. I have them powered from another circuit independant of the starter button circuit, for redundancy reasons. I won't even use the starter circuit to power a supplemental relay for fear of loosing all foward lighting from a starter button failure. With my aux lights being a direct switched load, the current for them is supplied via that red wire on the back of the starter relay and more specifically, that overworked blade connection. I could power the aux lights with a separate relay from an unswitched source, but ?