Difference between 2 and 3 relay voltage regulators

Just picked up a new voltage regulator with a p/n 1403.
"A" circuit 6 volt pos ground US made for $25

When I opened it it has 2 relay's as opposed to 3 as in the one I have installed now. I do see the thick coil wires are connected in series vs. the 3 relay VR that has a the relay frames connected in series. Seems like the fine current limiting wires are also there.

Are they the same?
Interchangeable?
One better over the other?


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Two relay type combine voltage regulation & current limiting into one relay, whereas the 3 relay type separates current & voltage control. Either will be fine.
 

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