Ok, so first, yes I searched, yes I read the FAQ's and performed the recommended tests and followed the ignition tests in the service manual.
So, stator took a dump, replaced it, now no spark. Starter goes just fine, batt is fully charged and holds a charge. Following the steps in the service manual it passes all tests until trying to measure the ignition voltage which is zero.
Checked as all the connectors and wires, all good (disconnected, cleaned w/contact cleaner and reconnected).
The SM states the prognosis is a bad CDI (read this rarely happens in multiple threads) so swapped with a friends (2008 drz400sm), repeat the test, same result with a known working CDI.
Went ahead and tested everything else, all good.
Been at this for 3 days and need help figuring out why I still don't have spark :-(