Thanks all for your timely suggestions.
Let me be more specific. When I start my engine, it outputs 14.5 volts across the battery. That only changes when I stop my engine. When I do stop, the battery has been charged to that voltage. (Same reading on two meters.) My thoughts are that the motor is putting out its max unregulated voltage.
A couple of you tell me that your motor always outputs 4.5 volts. I am at a loss, as my motor, until this trip, always settled down and regulated at a much lower voltage. Before, when I shut the motor off and switched the solar panels on, I was usually at 12.8 or a little higher. Now the batteries are so overcharged that the solar can't input current. My motor must regulate differently than yours.
To isolate the battery from any other boat circuits, I took a fully charged battery and hooked ONLY the motor leads to it. As it was fully charged, I expected the motor to output, after a short period, a maintenance voltage. Engine running, output 14.5 volts. I think this proves that the regulator is shot. Also, it Ohms out as bad compared to the shop manual. To answer your question, there is no visible damage, melting or expansion of the regulator (That would be to easy). But I think we can assume that my regulator is bad.
The question is what blew it. The windlass is wired neg to neg and pos to pos from the starter battery through the breaker, across the relay, and to the windlass motor. It works fine.
The starter battery seldom drops below 12.6 volts, so I don't think the regulator is being taxed with heavy charging at the same time as sending amps to the windless. So, if you guys have the same setup on your windlasses, (I remember Bob does.) and have had no problems, I am at a loss as to what caused the problem, save untimely regulator demise.
By-the-way, this isn't the first trip that I have used the windlass, but the windlass is the last thing that I changed on the boat. That is why it was suspect to me.
I have a regulator on order. I am leery of changing it out, without any other changes, so any suggestions would be appreciated.
I'll check specific gravity ASAP
Thanks again!