Buy a rebuilt generator, not a used one. This is the worst pile GM ever produced and they have no intention on improving it. It is common to go through four to six of them in the life of the car. What many professionals are finding out is to reduce the number of repeat failures you must also replace the perfectly good battery at the same time. It will work fine in a pre-1987 car but as they age they lose their ability to dampen and absorb the huge voltage spikes this generator design produces. Those spikes damage the internal voltage regulator and diodes, and can interfere with the various sensor signals resulting in running problems.
Dandy testing techniques, by the way. Your voltage readings and diagnosis are right on.
SPONSORED LINKS
Sunday, March 27th, 2011 AT 8:48 PM