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I was going to say, almost describing a Fourtrax to a T.. Kawasaki Bayou is another good smaller cc machine. And I know you said 2000s but the mid/late 90s Suzuki king quads are great smaller machines with good 4wd/diff lock..

I doubt the stator in the 185 would be able to handle several pods or a good size bar. They are just made to run the machine, not to charge a battery or power accessories. I imagine you could get away with a single LED cube, maybe two.. i'd have to grab the service manual for my '84 to see the output lol. However yes you would need a regulator/rectifier, ran to the A/C output side of the stator to get your dc voltage to the lights.

This is a good clear video a guy does an install on a pit bike similar setup