Thanks for the info axrph. I'll check and make sure that I wired the voltmeter up properly (wouldn't be the first time I installed something incorrectly. After the rebuild I actually installed the Airbox backwards. And surprisingly, the car started!! It would idle o.k but stall when I tried to give it any gas. Took about an hour before I realized what I had done
According to the voltmeter I'm definitely overcharging, with readings from 12-18+ volts, depends on how high the engine is revving.
Another question. When the key is NOT in the ignition, what should the vo;tmeter read? On all other cars I've owned the voltmeter goes to 0, but the 280's still reads 12 volts. So I'm assuming the circuit is still live.