Justin,
Here's some insight from a guy that did his 12 volt conversion, but did it wrong, or twice whichever you choose. I converted to 12 volts because my 6 volt generator was shot and it was cheaper to buy a 12 volt single wire alternator, and I wanted to be able to add some current trickeration when it came time to upgrade the beast, like an electric winch, additional lighting, radio... all that stuff is easier to find in 12 volt.
So here's the stuff that needs to change:
Headlights - 12 volt
parking and tail lights
coil has to be 12 volt with a ballast resistor as 12 volt coils run on 8 volts, 6 volt coils will distress and crack internally due to the heat and then you get to walk home or sit by the road waiting for the coil to cool back down, ask me how much a medium pizza weighs after walking 3 miles listening to a not so impressed wife...
new fuel tank senders are 6 or 12 volt, they work on either, old one, change it
gages are the same, new ones take either voltage, old ones melt
dash lights especially the tattle tail have to change as well
Starter motor will work on 12 volts, it spins faster, just be prepared to have to replace it sooner, and it may wear you ring gear down faster as well. I've been running on 12 volts for 3 years now, no issues with the starter motor, I drive about once per week.
Alternator/ Generator, it all starts right here, whatever you do at this point you have to do with the rest of the vehicle.
I think I got it all, but as you can see the conversion is not hard, its just got to be complet eor your gonna have problems. While your at it, its just as easy to replace the wiring to make sure youve got it covered..
PS, Voltage regulators control the direction of electricity from the generator to the battery/ ingintion, they control the charging circuit, they do not adjust the voltage up or down. voltage is the same as pressure, amperage is flow, watts are the consumption of the device you are running, ohms is how hard you have to push the electricy to get it where you want it, ohms cause heat. ie resistance.