So I re-sheathed the wiring, repaired a few weathered connections, added new battery cables (thank you Amazon), replaced the alternator with a new one, and got the tractor running again. Good. However, this pesky error-light named "chg" keeps illuminating. Running or not, rpms high or low, the "chg" light is on. It's the one at the end of my finger.
What's the cause? Well, it appears the new alternator is not charging.
How to diagnose?
1. Get yourself a multi-meter. The $20 one from Amazon is fine.
2. Test battery voltage. Mine read 12.7 volts. Good.
3. Next check the ground to the alternator is good. Use the pos terminal of the battery to the housing of the alternator. This reads 12.7 volts, good.
4. Start the tractor and check the voltage on the post (+) on back of the alternator. Pictured here (tip of finger):
This reads 12.7 volts while running. Not good. This should read 14 or more volts. The alternator is properly grounded, but is not charging. Why not? Could be a few things. Let's investigate:
Pull the 3 wire connector and turn the key on and off while testing each of these leads. One of them should show 12v. This is "actuating" the alternator. It's these:
Yay, one of them shows 12v when the key is in the "on" position. I believe this is with the unit running, but I can't remember.
So the alternator is grounded, it is getting charge that says "go", but it isn't charging. This is very likely due to the regulator. The old Kubota regulators are known for playing poorly with new alternators. I should have ordered one from the start. I got this alternator from Reliable Aftermarket parts and placed an order for a regulator too...now I wait.
In the mean time I removed the old one. It's this piece on the firewall: