[hatzie]

Originally Posted by Hart_Rod

Hatzie - if I'm reading your post #63 correctly, if the valve isn't moving to the other tank, THEN the gauge won't read the other tank. Or said another way, the gauge doesn't start reading the "new" tank, until the valve has switched to the "new" tank. I went ahead and ordered and new 65 psi valve and it should be next week. Hopefully swapping that out will not be that difficult and will fix the problem. CHEERS!

That is correct.

The TBI trucks also use the power wire from the dash switch to energize the selected fuel pump. One of the output wires is power and the other is ground and the polarity changes based on the switch position. If you select the LH tank and the valve doesn't move the RH fuel pump still shuts off and the LH fuel pump still turns on... as long as the wiring hasn't been tampered with.
The engine keeps running so I have to assume the switch and valve are changing tanks and fuel pumps. This leaves the little microswitch inside the valve that handles the gauge. If the gauge microswitch inside the valve on terminals A B & C has failed but the rest of the valve is working it would exhibit your list of symptoms.

Get a valve made by Pollack and be done with it. I believe the latest and greatest good to 65psi is Pollack 42-159P. They aren't cheap but they work for a long long long time.