Long post, but short questions!! Decided to rebuild my starter Bukh panel for obvious reasons

Was going to get original Bukh, however costly and not my style and I just don't get the complexity of the diode/resistor block... keep it simple.

Going to change to Push button start/stop, add a tacho/temp gauge and of course the Alt/Oil/Temp lamps in LED.
I think I've got it worked out mostly, i'm going to put the piezo alarm buzzer in parallel on the positive side with all new LED lamps as they are ground switching( but I don't know about the Alternator), however the Excitation resistor on the Alternator lamp confuses me....
So I need to add at least 2watts for the Alternator to kick in, and the LED won't have this, so do I put a resistor in series with the Alt LED, or Parallel with the LED lamp?
I'm guess Parallel so the load is always there, however I don't quite understand how the excitation terminal on the Alternator works? How does the Alt lamp turn on/off? I'm guessing if the Alternator has no excitation, then it would be negative and Lamp comes on, when excited, goes to positive, and no potential difference on Lamp as positive both sides, so switches off????
I don't have my new wiring diagram on me as away travelling, however hoping someone, auto-elec would understand the question.
Other question is, if the Piezo buzzer is in parallel with all LED's on the positive side, should I put a zenor diode in series with the piezo as if there is any minor leakage to negative, I'd have the buzzer annoying me the whole time?
Any cautions I should take not to destroy the Alternator/Regulator etc while playing with this?
Does the 'To Do' list of things on boats ever get shorter...