Sorry. Been sick a couple of days and haven't felt human. Yes, Zero ohms means a short. I was testing between the ground strap (yes the one inside the cap to the plug). I was testing that to ground to make sure I had good ground. Yes, zero ohms, as in, indicating a good ground.
As far as voltage, it was a couple of days ago. But if I remember correctly, I was at like 14.3 volts with the old alternator (running at high idle). That seemed on the high side for me, so I removed it and took it to the store. I replaced the alternator with a new one and the guy at the parts store tested both the old and New alternators. Both tested fine, but the old one sounded funny. Like it sounded like a piece of sand or small particle was loose inside the alternator. So I replaced it anyway just to be on the safe side.
I've thought about this while I was sitting around feeling sorry for myself being sick and I've decided, there is only one wire going into that distributor and the plug wires coming out. The hot wire checks out with proper voltage and the wires leaving (plug wires and plugs) are all new. So there HAS to be something inside that distributor that is going out. Maybe a pickup coil, or control module, or some other kind of short. By the time I try and replace those, or any other parts, along with another coil, I am easily about $80. A new stock replacement MSD brand distributor is $177 with all new parts AND a warranty. So if it fries again, I just take it back. So tomorrow, I'll run to town and pick up the distributor, swap out and see what happens. I'll keep you guys updated. I appreciate the input.