With that setup the resistor will create a 8.66 voltage drop, delivering only 3.33 volts to the coil. That means the coil will only be able to put out 27.7% of its potential voltage. So that means the most voltage delivered to the spark plugs would be 12500 volts. That's less than the stock setup.
Much better off getting the pertronix 3.0 ohm coil and bypassing the resistor wire, this way the coil gets 12 volts allowing it to put out 40000 volts while not drawing to much current on the ignition module.
Yes, ofcourse you are correct assuming the system in question delivered 12 Volts (not counting coil resistance). Our Eagles deliver over 14 Volts continuously!
Infact, the lowest continuous output that I have measure from a properly working ignition system is 13.8 Volts (Mercedes). 12 is wishful thinking without a resistor (again, not counting coil resistance).
However, you are right in the long run because even at 14 Volts, it still doesn't deliver (and I should have done a better job of calculating it!).
The biggest problem I have found is running a coil with 14+ Volts continuously. I am not personally aware of a single street coil that can handle it for long, are you?
Is this not the true reason for the reported Pertronix failures?