Yup, the balck wire on the regulator plug doesnt go anywhere. The stock 88 alt is a strange piece of work (I think it is of jap decent), but Ford still used the standard alt mounted regulator and plug for it. All other Ford 2G and 3G alts do use the black wire.
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Jeff Korn
88 Turbo Coupe: Intake and exhaust mods, T3 turbo at 20 psi, forced air intercooler, water injection, bypass valve, Ranger roller cam, subframes, etc., etc.. // 86 Tbird 5.0 (original owner): intake, exhaust, valvetrain mods, 100 HP nitrous, ignition, gears, suspension, etc., etc.... // 91 Escort: Bone stock winter car // 00 Windstar (wifes vehicle)
Jeff Korn
88 Turbo Coupe: Intake and exhaust mods, T3 turbo at 24 psi, forced air IC, water injection, BPV, Ranger cam, subframes, etc., etc.
86 Tbird 5.0 (original owner): intake, exhaust, valvetrain mods, 100 HP N2O, ignition, gears, suspension, etc., etc.
11 Crown Vic Interceptor
14 Toyota Camry (wifes car)
95 Taurus GL Vulcan winter beater
67 Honda 450 Super Sport - completely customized