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Hello Ed - They can be converted, but the cheap (read cost-effective) self-energising Delco's stick out like a sore thumb. Our 65 is the only one we have not converted, for that reason. Oil seepage is normal - that's why they installed the hole! Can be engine or transmission oil (if you don't smoke, you can smell the difference) and is not normally serious. When it gets bad (a quart a day), you will have to split and replace the seals - cheap and relatively easy unless you have multipower. The generator is reliable. If you have a voltmeter, check running to see if you have full 12 v on the heavy terminal, and probably a lesser voltage on the field. If so the reg is probably doing it's job, if not, there may be a problem there or in the wiring. Could also be the replacement generator. My operator's manual shows a 2 brush generator on the gas and a three brush model on the diesel. Both seem to increase output by decreasing voltage (grounding) the field terminal. The regulators are different, and heaven knows which combination may be on your tractor after all these years! Dean Austen (Big Dean) might be able to shed some light on this area. Hope this helps.
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