Ballast Resister Needed?

Yes this is the old style Alt. and the terminal labeled grd is screwed as it appears in pic. The regulator is the larger old style as well. I plan on replacing it so it looks new! Keeping in mind that I plan on rewiring everything out in the engine compartment while moving the battery to the trunk, adding relays for the fuel pump, electric fans (2), headlight relays (2) and ignition relay for the box.

Seems like this will be a real challenge. Any advice and information that is out there that will help me tackle this project would be greatly appreciated.
Thanks Rod