The reading I'm getting is from the Auto Meter Gauge. It maxes out between the 14 and 16 line on the meter, closer to the 16. I have the ground on the voltmeter grounded to the motor, and the positive wire going to the ACC in the fuse box.

I'm going to be picking up a multimeter and running more tests on my outputs.

It sounds like the voltage regulator is sensing a lower voltage than the fuse block.
I would start by adding a ground wire from the regulator directly to the engine, them make sure you have good clean +12volt connections to the voltage regulator, and bulkhead connector.

That's one of the first things I did. I sanded the firewall down to bare metal and also roughed the back of the VR where it makes contact to the body. I ran a fairly thick wire from the mounting bolt of the VR to the block. Is that what you mean?

Last night I replaced the wires going from the field outputs on the alternator to the VR. I also added a secondary engine ground (from the head to the firewall) just to be safe.

I'll check on the voltage going to the bulkhead from the VR. Thanks for the suggestions, I'm getting there!

When it's running, check the voltage going into the alternator on one of the two leads. I'm betting you'll find that it's about 1 volt lower than what you have at the battery.

This is the sum of voltage drops from going through the bulkhead twice, the ignition switch, and the ignition switch plug twice.

The voltage regulator is seeing a voltage that's ~1v too low, so it's compensating and giving you a 'real' voltage that's ~1v too high.

You can either clean all the connections and hope it helps (didn't for me), or you can install a relay that is turned on by the key, and switches a good 12v to the ignition system.

If you jump power from the battery to the voltage regulator, you should see the voltage at the battery immediately drop to ~14.5v.

maybe you could change the way that your system senses voltage. Here is an old drawing I dug up:

I'll try your suggestions tonight. I got my multimeter in hand and I'm headed out to the garage (once the wife gets home, haha!).

Feel free to throw out your two cents while I'm working on it, like I've said earlier, wiring is my weak area so I may be missing something obvious.

Thanks again guys.

So far everywhere I've tested the voltage, it has been at 14.45 max while the car is running, anywhere I test it. I suspect the voltmeter is off... Still working on it, just taking a breather.

I had a brainstorm, duh. I put the multimeter on the + and - of the voltmeter and started the car up. The multimeter read about 14.3 at average, and 14.4 max.

I think I'm in good shape. Just have a lot of wiring to clean up as I had to pull out the dash cluster and unravel all of my looms... Oh, and a voltmeter to replace