My '70 commando had the ammeter removed at some point. It also had the front forks/drum brake/wheel changed to a late model commando disc brake front end. With that came a late model headlight (not an early model one like you are asking about) I decided to rewire the entire bike probably 30 years ago back to the early ammeter wiring. (You can search and find the schematic pretty easily)
I took the "3 warning light hole" late model headlight and just drilled out the center hole for the ammeter. I think it was 1 5/8" size, but you need to check that sizing on that because I'm typing from memory. I also made an extended bezel ring to get some clearance inside the headlight shell for the connections. Everything was very tight in there and I recommend heat shrinking to protect against wires shorting against each other.
I like the ammeter because it shows the direction of current flow and the strength of the flow. So, you end up with very predictable instant feedback on your charging system based on flow direction and your situation,... meaning
If you sit at a light idling, you see that you aren't generating enough current at idle from the rotor/stator and the ammeter needle is dipping slightly into the negative
When the light turns green and you take off, as soon as you're doing ~1800 rpms the needle is passing zero, so you have eliminated your battery drain at idle.
Then as you accellerate into higher RPM's you'll notice that the ammeter will go to "+2" or "+3" as your alternator restores the surface charge you lost while you idled at the stop light. Usually that lasts less than a minute at speed and then your ammeter returns to it's normal position with the pointer just barely into the positive flow direction showing that your rotor/stator is working, and your zener diode is dumping excessive charge.
I went out for a ride last year and got a few miles from home before I noticed that my ammeter was in the negative slightly, showing battery discharge at reasonably high RPM's. I knew something was wrong so I turned around and headed home. I went through the bike and found that one of my feed wires from the rotor/stator had drooped into the front sprocket and was cut in 2 pieces. I repaired the wire, and the ammeter then read normally again.
Personally, I like an ammeter. I've never had a failure,.... BUT an ammeter is wired in series directly off your battery terminal, so that means if it fails, you are probably dead on the side of the road. People who wire in a voltmeter, wire it in parallel, so if the voltmeter fails it doesn't effect the rest of the bike. Those people also say they also use their voltmeter's in the same way I use my ammeter, to intuitively see that their system is working properly based on those small changes in the voltmeter's needle position and the current RPM's of their bike...