Yep, good perspective from the pic. I'd gently twist the stationary point bracket with a pair of pliers to align the contacts, and then recheck the voltage setting. It's not rocket science- - - -mechanical points can be aligned pretty easily. That goes for distributor points, also. We used to watch the tiny sparks created as the points operated with the dizzy on the tester, and used a special tool to bend the stationary point to center the contact surface. The same thing can be done on a voltage regulator if necessary.
Jerry
