in cars; the path from generator (regulator) to battery is usually unfused and without any switches. while rectifier is able to hold charge in battery ensuring it won't flow into alternator wiring this circuit does not have to be switched.
it is nothing else that generally a bad idea to put fuses and/or switches into line where potentially high currents can flow (400W @ 12V => ~ 30A).
Sorry can you rephrase that last sentence? Are you saying it's a bad idea to put a fuse between the R/R and the battery on a direct connection?
Where did you get the 400W from?
Yep I am saying that it is generally bad idea to put anything else than huge direct wire (fuse, switch, portal, etc.) between R/R output and battery. 400W was just a guess (but GSF1200 '99 has 405W @ 5000 RPM so GSF 400 might be similar?). As least pessimistic boundary you can get a sum of all loads which together give you 60+5+5+21+50+50+60=251W (high beam + tail light + park light + brake light + turn light * 2 + indicator + ignition + fan - let's say normal draw during city ride with DRL on warm day...). You definitely don't want your battery get drained under these conditions so power will be greater than this. If only by 50 watts then the resulting power is 300W. Whole this power has to be transferred from R/R into battery by single wire and only then to be distributed to various draws.
If you use formula for computing power (P=U.I -> I = P/U) then 300/14.4 = 20.8 A of total flow (14.4 is your target voltage). Ofc actual numbers will be lower because you are not using all available output at all times but you have to set the wiring to be able to sustain these conditions. With nearly 20A passing through the wire if you put there connector with resistance of 0.1 Ohm, your voltage drop will be (U=R.I) 20*0.1 = 2V. Ofc contacts do not have such a high resistance but you don't have to have drop of more than let's say 0.2V on each wire (0.5V combined) otherwise your regulated 14.2V will make some 13.7V at battery terminals which is lower bound for healthy charging of car batteries (which are similar to motorcycle batteries thus I assume that same conditions hold). This limits you to resistance of not more than 0.01 ohm per whole line or roughly 0.005 ohm per contact (in case of zero resistance of wire itself which is purely ideal; in real cases wires do have some resistance). You stated that your voltage drop is 0.5V at positive side. This means that cumulative resistance of connection between R/R and battery under above conditions couldn't be larger than 0.025 ohm (R=U/I; 0.5V/20A). In real case the boundary is little bit larger because of the current passing through wire would be lower.
You stated that your cheapo multimeter shows base resistance of sole probes as 0.7 ohm. That's one order of magnitude larger than resistance you are searching for (even if your current was half of my sample computations the resistance is still only 0.05 ohm). Either you have some poor connection in probe wiring or cheapo multimeter is not able to get correct 0 reference. In latter case we cannot expect it to be able to measure 10
-2 resistances accurately. In former case the resistance we want to measure is 1/10th of parasite resistances we are dealing with. Not a good situation to perform accurate measurement (but I bet that the latter case holds for you now).
With fuse situation is similar (each fuse ~ 2 contacts) with additional problem of how "large" fuse to use. With fuses the problem is that they don't vapour magically at the time the current passing through them reaches the number written at their package. Heat has to melt the connection in fuse. Generally the numbers are: fuse nominal current should melt it in under 60 seconds, 10x the nominal current should melt it under 1 second.
Usually if something breaks in regulator then regulation (shunt) path in R is opened (not shortened) and your installation gets full voltage of regulator only lowered by "softeness" of alternator (basically internal resistance of alternator wirings which says how high the voltage output of sole alternator will be when some defined load is attached). While overvoltage resistances are pretty much the same (or lower if some bulb breaks) thus fuse would not get any use here (because fuse is melted by heat; while amount of heat dissipated by flowing current is defined by P=R.I
2; You can see that voltage is not present in the formula thus is completely irrelevant) so fuse won't react.
In case of short circuit between R/R and battery the current flowing through short circuit would be larger than nominal 30A and momentarily maybe even larger than 150A (defined by short-circuit current of your battery, usually more than 10x of nominal capacity in Ah with healthy battery) but it won't be generated by alternator. It would be sourced from battery because with such a low resistance voltage output of regulator would drop to some 6-9 volts and current would be limited to somewhere around 60A. The time in which fuse would react for such overcurrent is somewhere around 15 seconds. The fuse would react for such a case if and only if the connection was between R/R and fuse allowing to pass current from battery through fuse. Even in such case current would be supplied to short-circuited connection even after fuse had blown. Well theoretically. Practically the voltage drop on battery due to short circuit would drop system voltage to so low values that ignition stopped to work (usually the lower boundary for all kinds of ECU and CDIs is 9V) and engine halted immediately eventually damaging CDI.
Above shows that any kind of fuse is purely useless in this line and that's the reason why no fuse is there. All you want is the best, bulkiest wire you can fit in with best connections you can manage. Nothing more, nothing less. Additionally change of actual numbers compared to theoretical ones used in this post wouldn't make a huge difference I think. Change of generator power by 100W is change of about 30%, current by 10A makes 50%. Still not enough to make change one order of magnitude large, something which would make noticeable difference in calculations above.