I have read with great interest the sailinglegend420 informative post, it doesn't appear he missed anything! although I am at a loss how the alternator can think the batteries are close to it by ambient temperature, even if the batteries are well removed from the engine (mine are in my engine compartment in a wooden compartment against the hull below water level and two feet away from any heat ) I would welcome further enlightenment.Whilst this is true, it's important to note that the Sterling add-on regulator which the OP first mentioned cannot drop the voltage to float level unless the alternator's internal regulator is removed or disabled. This of course negates the fail-safe mode, and it might not be wise to do this with a Sterling device. To achieve what you have suggested would involve the OP spending more to get a decent external regulator such as the Balmar you mentioned.
Your reply is as equally informative regarding possible complications of disabling the internal regulator, why would one want to do that, is the fail-safe mode a part of the alternator or the Balmar? it does not sound a good idea if using a Sterling device, therefore does employing a Balmar (which is a name I am not familiar with) regulator mean that the internal regulator works with it and can drop to float voltage without adjustment.