As nobody has stated you are wrong, I am assuming that you are correct.
Following that system, I have just worked up a Dwarven Bear Magician in both the BP and the KP systems. The Karma system seemed to net me a huge amount over the BP system. The character improved in skills and attributes while having points left over for more still.
Is this usual for the KP system, or was I building a bit to much of a generalized character with BPs? The KP system said it would make characters more generalists and less specialists, but I felt I specialized a lot more with it. I raised my 3 Skill groups from 3 to 4, brought my 1 fire arms skill up to a 2 (so all active skills I had invested in went up by a rank). I then bought 2 skills at 5 and 2 skills at 4 past what I had prior. I pushed my Magic to 6 from 5, Body to 6 from 5, Int to 2 from 1, Rea and Agi from 2 to 3, Edge from 1 to 3 and Str to 4 from 3.
I kept the same Gear, Foci (a Rating 5 Health Sustaining and a Rating 3 Health Casting), Contacts, and Spells (though I realize in comparison I am 2 spells over on the BP version since I dropped my Sorcery Package to 3 near the end). I have the same Knowledge Skills and Languages (though this time I paid for them except my Native language).
With all of those changes I still have 29 KP left to toss at something. Just feel like maybe I have made a mistake but going through I do not see what it was. Going to check again, because my BP seems like something must be wrong with it.