There are no fuses in the charging system. Guys, check the schematic!
And, there is STILL no such thing as a CB500F. It was never made by Honda.
The Vreg gets the same power as the rest of the bike. If the main is blown, nothing works.
With a red line of 9200 RPM, don't be afraid of twisting the throttle. In fact, around town I don't feel safe unless the engine is at least 3500. The throttle is an escape from other driver threats... IF you have it in gear to make power in the engine's power band.
You really shouldn't be draining the battery unless you keep the RPM down below 2000-ish. ...which is only at stops, normally. I commuted 7 miles to work for more than 15 years without battery charge issue, (except when the battery wore out, of course.)
Beginning with a fully charged battery make yourself a chart. Measure the battery voltage at idle, 2000, 3000, 4000, and 5000 RPM.
As the RPM increases the battery should at least trend toward higher voltage. As the battery receives charge, it's voltage increases. The chart you make will tell you at what RPM the charging system overcomes the standard load of the bike and charges the battery. You can use that information while driving to know if you are in depletion mode or recharging mode.
It is possible that all your connections, switches, and fuse contacts have oxidized, which will reduce the voltage going to the regulator, This reduces the power that the alternator can make at any RPM. It is also why I asked you to check the voltage that the Vreg is getting from the battery.
The alternator needs some power to make power. Cheat it for power, and it makes less, and the battery can starve.
Cheers,