Replacing the oem reg/rec should be standard mod done to the V7s at least.
This is the 21stC! ALL rec/regs now-a-days should be MOS-FET type, and the ones on the V7s are not. Todd has told me that some of his are MOS-FET, but he doesn't give any indication which ones. (When I'm ready to buy I'll find out). MOS-FETs are far more efficient and have more accurately controlled output. They run cooler and are more robust. In practice this gives you more electrical output from your alternator, more reliably. I'm not saying that your alternator output is increased - you simply lose less of it to inefficient electronics. This can be a worthwhile, measurable amount if, like me, you want to push a piddly little system (like the V7iii - 270 watts) to its limit.
There is much debate about whether series or shunt regs are better. I prefer MOS-FET (this is gospel) shunt type (this is not necessarily gospel) regulators, for the reasons above. So, if you ever suspect your rec/reg is problematic, replace the damn thing with a MOS-FET one straight away. I also try to get one rated much higher than my needs so that the reliability factor is improved even further.