Go here
http://www.yamahait.com.au/files/1980%20IT175.pdf then go to service data at the bottom of the list.
Best to do all this with the flywheel off. As stated before EARTH is critical. Make sure all earth leads, high tension coil (Spark plug coil) etc have good contact with the frame or engine. Also the engine has good contact with the frame (No paint or powder coating between frame and engine at least at one mounting point but preferrably all). With the multimeter on the lowest setting, probably 200 ohms, short the leads together. This is a referrence, they should read about 0.1 or maybe 0.2. Anymore and you may have crook leads or flat battery. Then test the engine to the frame this should be under 1.0 ohm preferrably the same as your lead test but allowing 0.2-0.5 ohms. Then test the the black wire from the flywheel loom to bare metal on the frame. This again should be under 1.0 ohm preferrably the same as your lead test but allowing 0.2-0.5 for the earth lead itself then if it is over 1.0 ohm start there first. While the test leads are still conected gently move the earth wire where it conects to the body if the reading alters you may have an intermittent break.
Assuming good earth everywhere test the pulse coil (Little bugger) White/Red wire to Black, should be 12.4 ohms +/- 10%, (No reading means open circut-broken wire or stuffed coil) while the test leads are still conected gently move the wire where it conects to the coil, same test as earth. Then test Source coils, red wire to black 13.6 ohms +/- 10%. Change meter to 2K or 2000 ohm setting and test brown to black, 420 ohms +/- 10%. Plug coil should be primary to earth (Back to 200 ohm setting)(Lead from CDI into coil) 1.0 ohm +/- 10%, secondary (20k or 20000 ohm setting)(Plug cap to earth) 5.9K ohms +/- 10%.Dont worry about the lighting coil it doesn't affect ignition but if you want to test it (200 ohm setting) 0.48 ohms +/- 10%. Again do the wiggle test for all.
As for the CDI, best to borrow a good one if all else checks out as there is no simple test for a CDI.
All else fails take the lot to Bert and he can spin it up on a machine and check everything, pretty cheap too.
One more thing, I had my pulse coil fail so had no spark by kicking but would spark if pushed in gear.
Pull your plug out, put in first on a stand and spin the wheel as fast as you can or push in gear. If you get spark then it is a sign of stuffed pulse coil if spark good or crook earth (Maybe) if spark weak.
If you want to talk my number is 0427 334 186
Viper666