There is no condenser in the charging system.. The unit Sean is mentioning is a LOT better than the original unit. You can run the black wire directly to battery negative post.. If you get this unit, I'd recommend running the red wire directly to battery positive post. This eliminates the wiring harness from the charging system. This alone will add about another half volt to charging output. Also, I would look closely at the 3 wire connector between the stator and R/R.. If it looks at all burned or even slightly melted, remove it and securely connect the wires with GOOD quality connectors or solder them..
Sean is a friend of this forum, and very knowledgeable about the Vmax. He is always willing to help a fellow Vmaxxer..