I've been looking at the drawings some more and concluded the following about the neutral lamp.1, The lamp has +12V with the main switch "ON"2, The lamp illuminates when in neutral via a diode when the neutral switch connects the lamp to -12V (earth)3, The neutral switch also when in neutral connects the ignitor unit to -12V and also the Starting circuit cut-off relay. So if the engine starts without pulling the clutch then I would think the neutral switch is ok, BUT a slight earth fault caused by the dreaded water or damaged cable might cause the lamp to glow. Also the manual states that the neutral switch is sealed with an "O" ring but shows that the connection can be removed without removing the switch. You say that the neutral lamp goes out when the side stand is "Down" this could be due to a diode failure as looking at the drawings the neutral switch and the side stand switch both go to the starting circuit cut off relay via diodes to stop back feeding. As far as I can tell the diode unit is a small block under the tank below the coils but above the carbs. I hope some of this helps as I'm just going on what's in the manual and I've not seen any of these parts first hand so to speak. Best of luck Andy