Yes, I've used a Ford 1 wire for years. with no problems
there are dozens of diagrams to show you how to connect them...http://www.paperformance.com/content/462802B.pdf
Best
many ofr us use and love the 3g ford, much superior to anything gm ever made but 2 of those pesky wires with those mysterious electrons inside. You will need a hot from the switch.
I have a DB's high torque starter and that same DB alternator on my '54 with a 302 going on five years. A lot of guys in my 1952-59 Ford HAMB group have used them over the years also,I run a ground wire from the alternator bracket to the frame and the power lead from the alternator to battery positive is a 6 gauge cable.I didn't know about those. I wonder what they did to eliminate the ign hot lead. Not much I'm guessing for $54. I've always used the $10 junkyard ones.