I turned on the lights tonight and there was no change in brightness on the Gen Light. The Alternator is putting out 14.83 volts at idle with the lights on and 14.34 at the battery.
That said I forgot to read the voltages off the regulator to see if it is 5 volts or not.
Flow chart states if it is above when running the regulator is bad. I will test this in the next day or so, (need to renew kitchen pass).