On my '86 GT, with the 2.8L V6 and automatic:
My alternator belt had been slipping - It would squeal first thing in the morning, and I'd notice on the voltmeter on the dash that it wasn't reaching full charging voltage. But, it would stop squealing before a block, and the volts would come up fine.
Then one day, it stopped squeling, so I thought, "Kewl."
But then I noticed that the volts weren't coming up to normal.
So I went and had the belt tightened.
Now, the volts seem a little erratic - sometimes it comes up to the whole 13.5 (or so - normal car float voltage), but mostly it hovers around 11-12V.
Is it possible for a charging system to be "marginal", i.e., maybe if the alternator lost a diode, it might not put out enough charging current/voltage? I'm ostensibly an electronics tech, so I should know about this stuff, but I'm a little reluctant to go try to troubleshoot my car with a VOM. It is the tech in me that suspects a marginal alternator, or maybe even the regulator, but I've never seen one of them go partly bad.
The battery would be my last choice, because it's a DieHard that was brand new about 2 years ago, and I've been keeping it watered and, up until this latest little glitchy thing, well-fed. :-)
Should I just find a shop and ask them to diagnose it, or might there be something that a klutz like me could fix with a VOM and a screwdriver? (and maybe a few metric wrenches?)
Thanks, Rich