So I've got a 2005 Yamaha F40 on a 26ft bilge keeler and the stock regulator was doing absolutely nothing useful for my leisure bank — a 200Ah AGM setup wired in parallel. Was seeing maybe 13.6V at the battery terminals underway, which as we all know barely touches the surface charge on an AGM. Swapped in a Balmar MC-614 external regulator and now I'm hitting a proper 14.6V absorption phase. Night and day difference.
The alternator itself is only a 35A unit (pretty weedy for a 40hp outboard honestly), so I've got a Victron Orion-Tr Smart DC-DC 18A isolating it properly from the start battery. That way the outboard's charging circuit isn't fighting two banks at once and I'm not risking dragging the cranking battery down if I've been a bit greedy with the inverter.
Has anyone else gone down the external regulator route on an outboard rather than just accepting the rubbish OEM setup? I'm also wondering whether it's worth looking at a higher-output stator rewind — I've seen a few people mention it for Yamahas but can't find much UK-specific info. Seems like the Americans are way ahead of us on this sort of modification.