Well, it tells us that there is a 1.1 V drop thru the wiring to the reg, the battery voltage actually decreases with the motor running, while the voltage to the reg increases(the drop decreases) by .1 V. Also, the max available V is being sent to the field, which should make the alt output max. Hmmm With your new meter, sent to the lowest ohm scale, touch the leads together; this represents a dead short, or as close as your meter can measure one. Note that figure, and subtract it from your low resistance reading. (give me actual numbers you measure, the offset only once) Disconnect the field at the plug closest to the alt, and measure the ohms across the field coil.