"Terry - yes, the exposed coil
"Terry - yes, the exposed coils are fine. If you look through the different Merc parts over the years, some were open. The closed ones are perhaps better in a "salty" environment - definately protect the windings - but can't think of any other issue. On my motor the charging coils are open, the ignition ones are sealed....
CJ - assuming the meter is calibrated correctly - then maybe the stator is going bad, but I wouldn't immediately scrap it over 1 ohm. In a case like that I would want to check out the voltage with a DVA tester first, since this is not exactly a "cheap" part..."