So I brought the generator home and proceeded to scour the internet for clues on how to fix or replace the VR. In retrospect I would have been better off to just buy a new replacement military spec VR. This project would have been long ago done.
I learned something very interesting while researching this project over the last eight months. There are two kinds of help available on the internet for this specific issue.
Type 1: I asked for help here on Steel Soldiers and got...
"Electricity is dangerous!!! If you don't already know how to do this you shouldn't attempt it!"
So for that ^^ guy, you know who you are, you already had your say, please don't crap in this thread. I am a journeyman wireman, have over 25 years experience working with live voltage up to 12,500v, and don't need my safety hand held. All I asked for was if anyone knew any good text books on generator theory.
Type 2: Here on Steel Soldiers and on Smokestak...
Some very nice and knowledgeable people made helpful comments that sent me in the right direction. BUT, I realized that most of the people with any experience fixing these things were buying generators, fixing them up and reselling them. They, 'you', my gentle readers, are also the same fellows bidding against me in those GL auctions.
So with the exception of Sewerzuk, who came in here just lately with his generator threads, there wasn't any specific help that even a nerd and electrician like myself could follow. I know, I read ~every thread.
I do understand. Well so far, this generator has kicked my rear, but I am going to figure it out. And when I do, I am going to publish a Very Detailed thread, something on the order of what the True Gentleman and Scholar Sewerzuk has done, on Exactly How To Retrofit a Commercially Available Voltage Regulator On An MEP-701a.
So the instructions that came with the Chinese made Stamford Newage clone VR were grossly inadequate. That is what contributed to the release of the magic smoke.