I pulled the alternator (it's a 6mo old refurbished Bosch 55 amp w/internal volt reg) and removed the voltage regulator. It looks fairly new but not having the ability to test it I can't tell if it's bad or not by just looking at it. What I did find was the small condenser on the back of the alt looks pretty rough. It looks like its somewhat melted and almost looks like it was repainted black? The metal base that attaches to the alternator casing is really dirty also. I know they half a** these re-builds sometimes so I'm sure it's not new.
Here's a pic


It's my understanding that the condenser is like a resistor that keeps the voltage out of the alternator from producing noise in the stereo system. So my question is, before I buy a new voltage regulator and re-install the alternator, is that all the condenser does? Could a bad one cause any other issues? I wasn't getting any noise from the stereo before the voltage started spiking.
Thanks,
Rick