Alternator and Voltage Regulator Questions

By looping I meant the MAD ammeter bypass. I can't really see the ammeter as is and I have an aftermarket voltmeter, so I don't need it.
If you don't want the ammeter, just bypass it. Simplest way is to put both ring terminals onto one of the ammeter studs. (Just make sure the stud isn't loose.)
MAD's loop puts all of the current to run the car through the 16 gage fusible link. There's no reason to do that.