Cbox, I decided to replace the switch because about 40 hours after I bought my new tractor, my ignition switch broke. New holland replaced it, and I didnt think anything of it. However, it stuck in my mind that it was odd for a switch to fail like that at 40 hours. The switch actually fell apart internally and wouldnt turn anymore. So when I started having this electrical problem, my dad (who is an electrician by trade) and I started troubleshooting, and one of the first things we checked was the ignition switch because of my experience with the first one. Sure enough, the new aftermarket ignition switch fixed "50%" of the problem.
-Brad