There is a very good explanation of how the various regulators work on granttiller.comI bought a new RM21 stator and rotor (both 'genuine lucas') when I had trouble with my PODtronics failing.
At the same time, I went for the Tri-Spark MOSFET instead of buying another POD.
I ran with the primary cover off for a bit so I could keep an eye on the spacing of the stator and rotor (belt drive makes it easy to do that)
That's when I found that I could feel the alternator getting really hot, too hot to touch the green plastic after just a short run.
I tried unplugging the stator and riding the bike (so on battery only) and the alternator felt cool to the touch - just the metal frame was hot, which I assume was from engine heat.
I didn't change anything else between these tests.
...and that has made me uncomfortable ever since.
I have been looking for an original zener, and recently found one (two actually) so am going to put one back on the bike.
He explains where the heat goes and why.
The shorting type creates more heat in the alternator than the original setup does.
The open type sh775 or 847 do appear to be the very best, especially if the load and output are way out of balance, as some are.