Re: Charging voltage
Chris, sorry I didn't mean to jump on your thread man, just figured I'd offer some insight into how I solved it on my engine.
12.34V sounds OK to me at idle, I would check it at a higher RPM. What I did was clamp my meter onto the battery posts and checked it at higher RPM in fast idle, highest I went was to about 3K and it was in the low 17V range. It's not the best idea to rev your engine in neutral above 2500 too much, so I took it out with a friend, got up to about 4500, and checked at the battery with a meter, and was getting just about 18V. I'd give that a shot.
I was, and am, running a decent marine deep cycle on that engine, but I heard that the old unregulated charging systems don't work well with modern batteries, as they aren't made as well as they used to be when those systems were made.
My electronics were shutting down, depth finder and VHF. At WOT they would only stay on for about 2 minutes, at lower RPM like trolling they would stay on. Figured they didn't like the 18V, once I saw that voltage.
I put a external regulator on from an early 80's V4, just put it in series at the terminal strip where the rectifier attaches. I was lucky, a fellow Iboats member was nice enough to send me one he had laying around for no charge. Not sure what they cost, but maybe you can find an old one that somebody's not using. It solved my problem as soon as I attached it, charges at about 12.5 at idle and 14.5 at WOT.