Thanks, "ndnchf", for the kind offer. I worked some more on the darned thing today, but had to quit before I took a BFH to it.

I think
some progress was made, however. I encountered a new problem while trying to install a different armature in this generator case. The commutators on two of them are much bigger in diameter than on the one I removed. The brush holders could not be pulled back far enough to allow the armature to seat in the brush plate. WTF????
In desperation, I took the whole darned generator apart AGAIN, except for the field coils. Everything looked ok. The insulators on the brush plate are in place and doing their job. Nothing else seemed out of place or broken. I switched the field leads back to the way I usually install them, reassembled the whole mess and bench tested it. This time, the armature spun in the correct direction!!! What had changed? Testing it on the engine while running, I had to flash the points cutout to get the generator to charge. It began charging, so crossing my fingers, I swapped cutouts and put on one of the electronic cutouts and started the engine. To my surprise, the generator kept charging at 10amps. BUT - moving the third brush made no difference in the charging rate, as it usually does. I did notice when bench testing the reassembled generator that moving the third brush did not change the speed of the spinning armature, as it had been doing all along. Again I ask, WTF??? Now the generator charges, but cannot be adjusted??? Checking the generator again, one of the wire ends pulled loose from its connector. That was a GOOD sign to walk away from this thing for a day or two.
I think all I have done is exchange one set of problems for another. Can't I somehow just end up in the middle with a properly functioning generator???
Marshall