"A" question??

I'd have to dig one out and examine the connections, but from memory and the wiring diagram:
1) yes red always hot - connection at the light sw to the fuse block is a junction point, the fuse on the lite sw is for the lights - note that the other red wire on the lite sw there comes from the BAT terminal of the ign sw, the main power source .... the red should go the the strip of 4, where it looks like you have it
2) the pink wire to the ign sw is so the accys hooked to that area turn off with the key off, the pink will go to the single terminal end in that corner and the things hooked to the 4 terminal end will be fused together - not sure what was intended for there, but the LP would indicate things like a spotlamp or the glove box lite, or emerg vehicle lighting
3) the gray wire is for the accy dial lights, don't need to be seperate, but can be, or can be spliced into the cluster light wires, also gray [along with the light in the key sw] ....
the long metal strip with the fat red BATT wire is the power supply end of those 4 fuses, there is only one wire attached, and nothing will be fry-able if the other ends of the fuses go to the right items, but yes, that red wire is always hot and things on those fuses need to be turned off individually - just make sure everything is off before you hookup the battery and it should be fine
hard to be sure on colors in your pic, but it looks like you do have the [a] red feeding the 3 fused items hooked up, and no power or fuse for the 3 wires in the ACC LP position - although looks like a red wire on the unlabeled and unfused position at top?
Bill