i did and to be honest I'm confused..but lets talk a little about rectification and regulation...as u r aware rectification is the process of taking alternating current, in this case the ac produced by our machines (alternator's) and rectifying it (lets say it full bridge rectification ) and producing a dc signal ( in actuality its dc with a small ac component), we then take this signal and regulate it using a (for simplicity sake) a zen er diode or combination of zeners and capacitors to regulate and clean up the voltage, This is the basic premise of producing DC voltage from AC. This is the signal or voltage that the battery will use as well as our brake lights, turn signal ,etc....i believe that the headlight is straight off the alternator and not part of our discussion...
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the alternator produces a certain range of ac Volts at varying Rpms..you'll notice your headlight glows brighter when u rev the engine... keep n mind that the regulation portion of the voltage regulator maintains the voltage and current demands within the specification of the components and the engineering application..in this case, keeping the battery charged and operating our brake lights and trafficators and 12 volts to the dc side of the coil....Most expensive equipment require power supplies that not only have accurate dc levels but accurate and precise regulation to satisfy the demands that their specifications call for...In our case, we are looking at voltages with a meter to determine if we are seeing correct voltages...That being stated, It would be interesting to hook a o-scope and look at the DC levels to see if their is excessive AC ripple on the DC or is it simply a defective zener diode that has failed....do these components fail,, sure they do, components fail from heat, age,vibration, excessive voltage applied, etc..To be frank, I think the manufacture probably uses the minimal amount of voltage regulation for the bike...its probably better than what was out there in 1956 but were not talking hospital grade equipment or a high tech applications that generate alot of heat but still need to perform...Upgrading the wiring is a good thing indeed but I rather keep it simple as I don't have a Motorola schematic of the actual voltage regulator which would shed a better light on the subject...just trying to be helpful /sorry for the lecture..cheers...