"dummy" alt light??
What do you mean by a "dummy" alternator light?...if its in the wire that excites the alternator feild windings,it can affect the charging rate if the bulb is the wrong one,burnt out, or hooked up incorrectly..
My 74 K20 had similar problems,I found after installing several alternators that the wiring under my dash was butchered by a previous owner that installed a "custom" aluminum dash with gauges like a stock car would have..and he interrupted the flow of current to the alternator feild when he unplugged the OEM printed curcuit plug from the old dash cluster!..
The weird thing was my truck would start cold fine,but crank slowly and kill the battery when hot..wait awhile,and it would start right up--so I suspected "heat soak" or a starter problem..but every starter and alternator I put in from "good used" stock I had did the same dam thing!..and my voltmeter the "butcher" installed would show NO charge immediately after starting,unless I revved the motor up to 2200 rpms,then it would kick in and charge normally--this was due to the dash cluster wiring being disconnected.(how come it decided to charge after I'd rev it up is a mystery??)..
I had to run a new wire,hot only when the key was on,to the white wire on the alternator 2 prong plug,with a # 194 bulb spliced inline as an "Alternator" light..that solved the delayed charging problem!..
My truck was rusty everywhere,and I noticed a big improvement in cranking speed and brightness of my lights when I added more ground wires from the motor to firewall,and to the frame..this could be your problem too,just not having a ground strap to the firewall can cause lots of electrical wierdness!..
