QUOTE(davep @ Jun 25 2020, 11:18 PM)
Yes, but the alternator light provides a calibrated current to excite the coils in the start-up phase.
It's not "calibrated"; a simple touch of the D+ wire to the battery does it.
I know, as that's how I "excite" the alternator on my race car if I want to ensure the alternator is working. The car does not have the D+ wire (the GEN light) attached to anything, it's hanging in the breeze. Many times with RPM it'll come on by its own, but sometimes it does not. Touching it to battery voltage works.
So as long as there's enough current flow through the GEN bulb it'll work fine, no calibration needed.
My guess as to why it doesn't work with the LEDs? One of two possibilities: the LED just doesn't flow enough current through itself to excite the field circuit or...it's a Light Emitting DIODE... (likely the first).
GA
EDIT: As an aside, I do not recommend connecting the D+ directly to system/battery voltage if you're not using the GEN light. In my street car I have experienced - as others here have - a rare internal diode failure with the alternator where system voltage is still being controlled by the VR but D+ voltage is max, like 17+ volts. Symptoms are off or dim GEN light at idle that gets brighter with RPM (because there's a 5-ish volts differential between each side of the GEN bulb.) If you did not have the bulb in there you'd get 17+ volts current flow to fuse S9 and "I don't know what would happen with that."
It's really not an optimal design. But hey, it's roughly halfway through the whole history of the automobile so I cut it some slack.