There are or should be 4 main ground ties.
1. braided block to body ground.
2. Battery to body
3. tranny to body.
4. Block to Battery (The big battery cable.)
The tranny to body is a backup. At least that's how I always treat it. It isn't able to cary as much current as the braided one. New braided straps are cheap at most parts stores. It's a pretty generic item.
The braided strap is critical... This is the one ment to carry all the return power between the body and block. It has to go to solid locations on both ends.
Grease the ends with Brake grease or something else that is hard to wash off. That will prevent corrosion in the hardware. You MUST make sure all paint rust and dirt are removed from whereever you attatch these cables.
Don't assume the battery heavy block ground is good by looking at it. You'd be amazed how bad a battery cable can be and still look ok. They can had major corrosion inside the insulation and inside cast battery ends. (Tubular crimped ends can also hide major corrosion.)
If the battery to body wire is bad, replace the cable. If the wire went bad then the wire inside the battery terminal end may not be so great either. Water can whick into the wire a long way.
Battery cables are pretty cheap. Always replace both at the same time.
Whenever you can get them, use an AC Delco battery cables. AC gives you plenty of wire on the thin lead. Just cut ot to length and put a new weather proof crimp on it. (Those have self sealing heat srink tube on them.) With most other brands you'll have to extend the wire, making even more places the wire can start corroding.
You also need to check the + feed from the alt to the main terminal below C500. If that is crappy you get the same problems as a bad ground. (I.E.. Big voltage drop under load.)
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Screamin' Yellow Zonkers... If it's Screaming and Yellow, I aint eatin it.