Piero:
Here is the way I connected a 2 wire stator to a Podtronics regulator on my Atlas:
Like yours, my stator wires are WG and GY.
Connect WG (stator) to WG (harness) to Y (Podtronics)
Connect GY (stator) to GB (harness) to other Y (Podtronics)
The GY (harness) to light switch is unused.
The GB (light switch) to rectifier is unused.
RE: Capacitor at NU wire: The voltage of the NU wire is rectified DC. A capacitor connected here will reduce "ripple" to produce a smoother dc waveform. It is not necessary if you are using a battery. There may be some benefit without a battery.
All:
The voltage of a coil in a rotating magnetic field is a function of the number of turns of wire on the coil, the magnetic flux (strength of the magnet), and the rpm of the magnet. The voltage is AC and is not limited by anything .... as much as several hundred volts can be obtained in an open circuit. This can be easily measured .... disconnect both stator wires from the bike's harness, connect a VOM on the open wires (AC scale on meter), and rev up the engine. Thus, there is no such thing as a 6 v. or 12 v. stator .... it is the Zener diode, or a modern rectifier/regulator, that sets the voltage.
The 3 wire stators were intended to be used to match the stator's power output to the lighting load. This was before the advent of Zener diodes. Refer to the sketch below:
The six coils of the stator are wired in three pairs as above.
For LOW output, wires GB and WG are connected to the rectifier.
For MEDIUM output, wires GY and WG are connected to the rectifier.
For HIGH output, wires GB and GY are joined together and with WG are connected to the rectifier.
The lighting switch makes the necessary connections to match output to load.
NOTE: The description above is simplified for easy understanding. Those who understand the physics might argue with this, but I think a technically correct version will muddy the water.
The 2 wire stators simply connect the GY and GB wires internally to the stator and bring out only the WG and GY leads. With a 2 wire stator, the power output is all or nothing, and load matching cannot be done. Thus, the load matching function of the lighting switch becomes unnecessary, or superfluous. For this reason, a 2 wire stator must have a Zener or modern regulator to prevent over charging the battery.
HTH,
Slick