My observation...
- 21V is most likely a misread ov the , voltage meter. 2.1 or 0. 21 is most likely
- The old style VR and alternator are wired correctly.
- I admire your grounding, battery negative to engine block from block to dedicated welded post on frame.
- The OP shows very normal voltages, battery with key on is a bit low. Some of the voltage drops are more than I would like but not causing the symptoms
- OP states his ALTERNATOR guage is pegging on charge above idle.
- Causes for Alternator gauge pegging but voltage being normal
- Low battery
- High load
I ran my battery down till it would not start the car. I jumped it and drove around for 30+ minutes, the gauge was holding 1/2 way between center and full charge. Normally it will be there for a minute or so after the first start in a week.
I put the battery on a charger overnight and all was good in the world the next day.