I volunteered to pull children with cancer on the tube last Thursday (Camp Kemo). At the end of the day, I noticed my boat was misfiring and losing speed but not rpms (1994 5.0 305 2 bbl, 400+ hours). Thought I might have trash in the carbs. Put in Saturday and the boat ran great for about an hour and began doing the same thing. Tied up to a friends 280 Abaco for a few hours and when it was time to go, two dead batteries. When I switched the Perko to All, I noticed an orange wire had come off the back of the alternator. The terminal had rusted away. Was able to reconnect the bare wire and borrowed a house battery from the Abaco. Boat ran better than I remember since owning it, no misfire, pulled about 800 rpms more than ever and picked up about 4 - 5 miles per hour. Pulled the alternator and found the threaded bolt for the orange wire was rusted and barely has any threads left. The other four connections have not rust or corrosion. Plan to have the alternator and batteries tested tomorrow but did not know if I could replace the threaded bolt or if I should just go ahead and buy a new alternator. Have seen several replacents (Mando 55 amp) that are affordable but are copper colored and not black. Any thoughts on replacement and if the black v. copper is a big deal?