The 292 in my '58 Custom 300 dies when I remove the battery. I thought maybe the alternator was bad, had it checked and its fine. I replaced my voltage regulator cause it looked caroded but still dies. 

58 Ford Custom 300 - San Pedro, CA (So-Cal)

If what you mean is the car quits running when you disconnect the battery-good. A lot of modern electronics don't like running off an alternator without the dampening effect of the battery on the output. It's possible to wire the car run directly off the alternator. Don't ask how I know.

miker
55 bird, 32 cabrio F code
Kent, WA
Tucson, AZ

Is the alternator charging the battery ok?  If so, there is no problem


54 Victoria 312;  48 Ford Conv 302, 56 Bird 312
Forever Ford
Midland Park, NJ

So its okay if the car dies when the battery is disconnected? 

58 Ford Custom 300 - San Pedro, CA (So-Cal)

Correct.  Cars with solid state components need that battery to be connected all the time.  It acts like a big condenser, smoothing out a lot of electrical 'noise'.

Royal Oak, Michigan (Four miles north of Detroit, and 12 miles NORTH of Windsor, Canada).  That's right, we're north of Canada.

Ford 292 Y-Block major overhaul by simplyconnected