Hi,
why i cannot just use the old system
Are you sitting comfortably?
not keeping the
PRS8 switch
The PRS8 switch was central to what passed for alternator output regulation.
Triumph Instruction Manual No.4 page 135 describes how the regulation is supposed to work, although it's a bit hard to relate to the wiring diagram on page 137 as that's incomplete and has at least one misprint.

I'll attempt to fill in the gaps.
The existing alternator, all alternators that'll fit these old heaps easily, most motorcycle alternators are "permanent magnet" - the rotor is permanently magnetised; this is for simplicity, controlling alternator output by using the rotor as an electro-magnet (as on most other vehicles) is more complicated.
All motorcycle alternator stators consist of a number of coils of wire. The magnetised rotor passing these static coils induces electron movement in the coils, the electron movement is the basis of any alternator's output.
The only regulation a permanent-magnet alternator has
itself is its rotor speed - the faster the rotor spins, the greater the stator output, although it isn't linear. Because this is isn't useful at high rotor rpm when little of the alternator output is being used - e.g. a run in the countryside on a sunny day, no lighting in use, battery fully-charged - the alternator stator must be connected to something that "uses" the output not being used by anything else electrical; this "something" turns otherwise-unused output into heat.
Your bike's "old system":-
. Like all Lucas motorcycle alternator stators before summer 1978, your bike's existing stator has six coils - illustrated on
TIM4 page 136 - as
TIM4 page 135 refers, the six coils are connected together internally in three series pairs - one end of one coil in a pair is connected to one end of the other coil in a pair.
. Externally:-
.. the Light Green wire is connected to one end of all three pairs;
.. the Green/Yellow wire wire is connected to the other end of two of the three pairs;
.. the Dark Green wire is connected to the other end of the third pair.
. Light Green and Dark Green wires connected to different rectifier AC terminals mean the stator coils pair between those wires provide the small amount of power necessary to run just the ignition and keep the battery charged for "occasional-use consumers" such as the brake lamp and horn.
. Engine running, ignition switch part of the PRS8 not in its "Emergency position", the output of the other two stator coils pairs
was (sort-of) "regulated" by the setting of the lighting switch part of the PRS8. Significant here is
TIM4 page 137 wiring diagram shows:-
.. stator Dark Green is also connected to PRS8 terminal 7 (a lighting switch terminal);
.. stator Green/Yellow is connected to PRS8 terminal 16 (an ignition switch terminal);
.. but misprinted is the diagram
doesn't show stator Light Green (the wire common to one end of all three stator coils pairs) connected to PRS8 terminal 4 (another lighting switch terminal).
PRS8 Ignition switch On and Lighting switch Off, stator Green/Yellow (one end of the two stator coils pairs) and Light Green (other end of the two stator coils pairs) were connected together through the PRS8:-
. Green/Yellow terminal 16 was connected within the switch to terminal 17;
. Ignition switch On connected terminal 17 internally to terminal 18;
. terminal 18 was connected within the switch to terminal 5;
. Lighting switch Off connected terminal 5 within the switch to terminal 4.
This means the the power generated by these two stator coil pairs doesn't reach the bike's DC, the short-circuit generates a small amount of heat, that's radiated from the stator coils, the wires connecting them to the PRS8 and the PRS8 itself. Note also on
TIM4 page 135:-
When no lights are in use, the alternator output from the battery charging coils is regulated to a minimum by interaction of the rotor flux set up by current flowing in the short circuited coils.
In the "PILOT" position these latter coils are disconnected and the regulating fluxes are consequently reduced. The alternator output therefore increases and compensates for the additional parking light load.
Simply, Lighting switch "In the "PILOT" position" no longer connects terminal 5 to terminal 4.
TIM4 page 135 continues:-
In the "HEAD" position, the alternator output is further increased by the connection of all three pairs of [stator] coils in parallel.
As above:-
. Green/Yellow terminal 16 was connected within the switch to terminal 17;
. Ignition switch On connected terminal 17 internally to terminal 18;
. terminal 18 was connected within the switch to terminal 5;
. terminal 5 was connected within the switch to terminal 6 ...
... however, Lighting switch On connects terminal 6 to terminal 7, terminal 7 had the Dark Green wire connected, to the same rectifier terminal as the Dark Green wire from the stator, the rectifier was rectifying the output of all six stator coils,
but only when the Lighting switch was in the "HEAD" position.
The significant failure of this type of alternator output regulation is it wasn't automatic; if something as simple as the headlamp bulb failed, because the Lighting switch was in the "HEAD" position, the full alternator output was still entering the bike's DC electrics ... usually the battery boiled, dripping and spraying its sulphuric acid on the bike; today, AGM or gel battery in use'll be 'blown'.
This is
exactly why Triumph ditched this type of "regulation" - for automatic regulation - sixty years ago.
why i cannot just use the old system
Hopefully now clear?
put a different ign switch
Be sure, if the bike 'worked' without the
regulation done by the PRS8 says the alternator probably isn't working fully; frankly not surprising for a 66-year-old alternator that wasn't very powerful even when it was brand-new.
put a different headlight with 6v bulb & same with the rear
you might be able to see your headlight if you sit in a completely dark room at midnight.
Even if you only ride the bike in daylight, unless you live on a remote island off the Scottish coast, you'll be riding with 21st century vehicles with bright LED lighting; you and your bike'll be invisible to other road users.
Hth.
Regards,