There are several advantages to running a three wire alternator over the one wire. If wired correctly of course.1. warning light (A must in my opinion)
2. adding a diode will stop any chance of running on
3.wiring the sensor wire away from the alternator or at the battery means better charging and higher operating voltage. The ideal voltage is between 13.8v and 14.2v. I had 14.2 after my conversion. (at the battery)
From what I can see they are same alternator the true one wire alts have some internal wiring changes. Many people wire the three wire by not using the warning light and connecting the sensor to the output wire.
The only advantage that I can see is that for a trailer queen they only have one wire on show.
Be cautious of the higher amp alternator as these are pushing the original design a bit too far and can have issues with heat. amps over 100 amp can have belt slippage problems if only a single belt is used.
I used a 100amp three wire and have had no trouble. There is probably more charging capability at idle with the new system that what the old had, total.
Cheers
Warren