When I bought my car ~15 years ago, it retained original Bosch alternator.
I did not have functioning AC or stereo and had 'regular' headlights. With that minimal electrical draw - things worked ok.
Going back to before I had my Coupe - back in the 1980's, I had a 2002 with its stock (externally regulated) alternator.
Car was fine that way ( as it left the factory). But what do we do? I added stuff....

I installed 200W of auxiliary lighting and a decently large stereo in the 02. My headlights ended up keeping time to the music. LOL When I installed the stereo, I also installed VDO oil pressure and volts gauges in the console. I could see the volts drop when I turned things on. Watching the lights match the music was kind of fun for about 10 minutes - then I got to work on installing a larger (and internally regulated) Bosch alternator. I think I went from 40A to about 80 or 85A...
From that point on - no more beating lights.

The voltmeter originally would drop a fair bit whenever I turned on a decent load. After I upgraded the alternator - no... pretty steady.
Back to my Coupe (and a few years back - in the middle of Don's work).
I had Don install a 'normal' internally regulated alternator - thinking that that was all I needed. Don had all the mechanical work done so he was ready for me to take the car out out for a test - so I flew down to Alameda.
The car was not ready to be delivered, but the car was complete and drive-able (from that standpoint) with all the electrical things working... AC, lights, voltmeter, both fans... all the 'stuff'.
When normal driving - everything was fine - to a point. When I turned the lights on, I could see a very slight slight drop on the volts gauge. Great - that showed me the gauge was working.
But then turned on both the lights and AC... a bit larger drop. Um... not really happy... but still 'charging' as the volts were above the static battery voltage (high 12's). Lights, AC and fans on high? Nope - was down in the 10.5 to 11V range. I could see the headlights dim a bit as well.
So - I had Don source and install an higher rated alternator that puts out power similar to what I had in my 2002 (I think it was 80A or so). Don can chime in.
That alternator is in the car now and working fine.
IMO - running a higher output alternator at a more moderate level of output is better than running a mid level alternator towards the top of its rated output all the time.
Just a thought.