Your friend could be right about a leaky seal, but testing the ignition is alot easier.
A multimeter can be used to measure. Just set it to the ohm scale, (it may have a symbol like the greek letter omega)
The "ignition coil" is where the spark plug wire goes. Usually the gas tank will need removed. I don't know the values your bike should be, but I'll give you the info about my 98 250, which btw, the numbers for my 100 and 490 are much different. none of the 3 are the same.
Ignition coil inspection: Primary side-test lead + to orange lead, test lead - to black lead, .20-.30 ohms at 68 degrees F. Secondary side: + to spark plug lead, - to orange lead; 9.5k - 14.3k ohms at 68deg. Note, when inspecting the secondary, remove the sparkplug cap.
You can also check the pickup coil and source coils resistances while you're right there at the plug with 6 or so pins. pc: Mine is + to white/red lead, - to white/blue lead 248-372 ohms; sc1 + black/red, - green/white 720-1080 ohms, sc2 + green/blue, - black 44-66 ohms.