One must be for the horn and the other could be cruise control.
No, it depends how the truck is wired. Trucks without cruise can use both for the horn.
Also there are green with orange stripe and orange with a blue stripe wires on the '78 that are nowhere on the '77 switch.
Remember that colors can fade or change over 40 years. But it's also possible that there are functions (circuits/colors) that were removed &/or added, even between consecutive years.
I have old worn out examples of both switches to disassemble.
Trace each wire to find its actual function, and compare THOSE, regardless of wire colors.
Some oddities due to the cruise control that just don't compute.
It's not so much the cruise itself as the AVAILABILITY of cruise... It wasn't available on eBs, so no need for the wheel (sliding contacts) to accommodate cruise. But it WAS available on vehicles that use the same column as the '78 truck, so that column & wheel DO accommodate cruise. So the wiring changed slightly...
On vehicles without cruise, there was either 1) a "hot horn" (NOT grounded to the body) with 2 terminals (a hot & a switch both showing 12V when the horn was not blowing) going through 1 sliding contact ring on the wheel to ground on the steering shaft, or 2) a "cold horn" (with 1 terminal going to ground through its mounting tab) either triggered by A) a horn relay & its associated wiring to the wheel as #1), or B) a switch wire coming from 1 sliding contact ring via the horn switch powered by 12V on the other ring.
Those WITH cruise used 2A wiring for the horn, and the 2nd ring on the wheel was for cruise signals.
Clear as mud? %)
...the '77 is in the middle of a frame off. So I can't try out the various circuits'
Well, you CAN - you just have to plug it all together & add a "ground" wire that runs to each device & wiring ground terminal to get back to the battery negative. Jumper cables work, if you have several. I've helped a guy make his donor Mountaineer engine run on his eB frame with the wiring & fuel lines strung across the floor of his shop.
(phone app link)
Unfortunately (and like so many), that truck is still in mothballs...