Ron, I'm trying to picture a situation where the AC impedance would end up being less than the measured DC resistance and am not coming up with any. In every case that I can think of, the AC impedance would be higher making the current less on AC than on DC.
I think the bigger problem is that the resistance as measured at only a couple of volts may be a lot higher than the resistance or impedance at several hundred volts due to flashing and arcing effects. I've seen a few situations where carbon dust, for example, measures high resistance at low voltage and conducts like crazy at several hundred volts. (I know this can make life complicated but, if it was simple, they'd pay us less! ha ha ha!)
russmartin, the instruction manual for your drive states that resistance from motor windings to ground should be higher than 100K ohms. You might want to measure this resistance on your new motor. I think you will find that good DRY insulation will measure several megohms at least. As any good motor shop mechanic will tell you, the only accurate way to get these resistance readings is after a "steam and bake" cleaning cycle. Especially on DC motors, carbon brush dust can cause low resistance readings that will go away after a good cleaning. Motors operating in coal mines and wet areas like paper mills can also give misleading readings if not cleaned up first.
But, as stated by many of us early in this thread, a motor measuring 930 ohms armature to ground is highly suspect and not to be trusted even if it runs ok. In retrospect, you did the right thing by changing out the motor. Good thing you didn't follow my advice! You'd still have your problem and a spare drive!