I finally went around some measurements to see if I could understand what is going wrong with this bike. I connected two multimeters. The one above measuring voltage at the battery, the one below measuring current between the battery negative and the frame and negative cables. Negative values are "discharge", and vice-versa. In the right handlebar switch there is the light switch. Top left (1) is parking light, middle position (0) is "no lights" and top right (2) is "low beam".
I charged the battery with a charger for a few hours, connected the setup, started the bike -obviously with the kickstarter, because the current drawn by the starter motor can toast any thin wire-. At idle, the first measurement is this
With only the field coil and the ignition, it is drawing 3.62 amps (don't be fooled by the slow display refresh rate) and the battery drops to 11.42V. When I switch the parking light....
... the current draw drops to 3.24, while it should be higher.
Switching on the low beam....
voltage drops to 10.95 and current draw climbs to 8.69A. As the only difference is the low beam (55W), 55/11=5 amps, that is, approximately 3.24 amps (the previous reading) + 5 amps for the low beam.
I took the bike out for a short ride, looking at the multimeters all the way. After 20 minutes I stopped and took new pictures, this time revving the engine up to 6K rpm -the normal riding range-. This is what I got.
1. No lights.
Battery voltage is 14.21V, and charging rate is 7.02 amps. Sounds good to me.
2. Parking lights
Voltage is 12.67, charging current is 4.02. 3 amps less for charging. Parking lights means: parking light in the headlight shell, taillight, four illumination lights in the instruments and one idiot light in the dashboard. Being all T4 bulbs + a 5W bulb in the taililight, it means 4 + 5 + 5x(4) = 29W, that is, a little less than 3 amps. Measurements make sense.
3. Low beam.
Voltage is 12.09V, charging current is 0.91A. It is a little more than 3 amps more than in the previous scenario, and 3A is not enough for a low beam (55W). Still, there is positive charge. But the voltage has dropped very much, it should be about 14.4V.
The only thing between the alternator and the battery that could drop voltage at high current is the rectifier -connectors were renewed and I assume they are as good as new, I did it myself and have enough experience with soldering etc-. I replaced the rectifier for another one. To save you some time and pictures, the results were as inconclusive as this. While riding at high pace, at 6-7 K rpm, the voltage would slowly rise up to 13.0 V, and the charging current would still be around 1 amp. But as soon as you turn the blinkers -2 x 10W-, the voltage would drop to about 12V.
Seems that the alternator is capable of giving positive charge for the battery even with low beam, but not enough voltage to raise it to 14.4V. So the battery is always "undercharged" at 12V if you ride with the low beam on at all times. To support my theory, in one of our last rides I had the chance to see some pictures and my light was dimmer than the light of my riding buddies, being all of them H4's.
When I bought the bike it had the starter clutch broken. The bolts came loose sometime in its past. I had to drill and tap new holes in the rotor -posted pictures in the forum a while ago-, and by visual inspection I didn't see any damage in the alternator or field coil wires. The resistance measurements support the fact that they are not damaged. I could only think of a "bad" rotor, but as it is not suppoused to hold any charge, just break the magnetic field, it shouldn't give any trouble. I tried with a different regulator -as I said before- and it didn't make any difference.
I'm at a loss -sorry for the cheap joke- with this.....
As a side note, I want to fix it under any circumstance. Besides my red Sanglas, I just bought another one in blue -the only two colours available. This one had everything original, from the paint to the exhaust, and only 10.470 km in the clock. I couldn't pass on it. I guess I would sell the red one, but as I only paid 500 euro for it and have spent -and learnt- a lot with it, I don't know what to do....