Lights flicker and gauge jumps around???

I do have a oscilloscope (a nice Tektronics DPO scope). That is where I will go to loo, for The AC ripple. If I see any I will definitely swap alternators
If all the diodes are "there", you'll see a tiny bit of ripple, but fairly smooth.
Any dead, and you'll see the gaps where they should have been doing their job, but aren't.