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Thanks for posting this - I have exactly the same concerns as you do, I do not understand electrics, I want the light weight of a lithium battery, I am aghast at the horror stories which may or may not have been overtaken by recent developments in battery technology and have thought that a "secondary" over voltage protection system would be the answer. I am also constrained by the 2 wire alternator
I am also constrained in that the larger Mosfet regulator just will not fit my bike as currently designed.
I will go with the warning light as the simplest and easiest over voltage protection as I have a probably unjustified prejudice against anything that uses a relay
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