Bob,
An internal reg alt will bolt directly in place of the external reg alt. With a one wire alternator like you get from Jegs or Summit, all you need is the large red wire and you are working. If you use a GM style from a parts house, you will use your large red wire, and only one of the existing small wires. The wire plug on the alt uses 2 wires, the wire farthest away from the main bat term on the alt can be run right back to the main bat term on the alt. The other wire is a key on trigger wire. I use one of the existing wires, trace it back to the regulator plug, clip it and tie it into the key on wire already present at the same regulator plug. then you can eliminate the plug and tape up remaining wires neatly for a factory looking install. If you need an aplication to use from your parts house, Try an 86 monte carlo SS or an 86 fiero, ask for a 95-100 amp alternator. You may need to have it clocked to work with your brackets but its a simple thing to do.
Are you going to make Carlisle???? I am looking forward to seeing your car in person!! My current project is stalled out. Wanted to build a grand sport replica from my 64 coupe. Nobody offers body panels anymore. So I finished off orig body, almost ready for paint, frame done and back under car, interior purchased, car will be orig color of black, but I changed int from black to saddle, now torn on running gear, have a 95LT1 w/700r4, or use a 327 w/4 speed. one combo is safe, the other should be more fun. I doubt it will be finished by Carlisle (although I do have 6 weeks!!) so I am sure I will drive old faithful (my yellow 67 roadster).
Dennis