A few thoughts on your many questions...
Brent, if there was ever a project which calls for a 'systems approach', upgrading the electrical system is it! So first, you'll need to do some homework with your own sailing plans & onboard electrical consumers in mind. Calder's book is excellent but can be a bit of a challenge to start with. I'd recommend you first visit jackrabbitmarine.com and walk thru their entire 'Reference' section; I think you'll find it a good grounding in the many choices you face when upgrading an electrical system intended for cruising use. The company is great to work with BTW, will be at all the Fall shows where you can pester them with details, and they offer competitive prices when you buy 'systems' (e.g. inverter/charger, alternator w/ ext. regulator, monitor). Perhaps most important, they answer their own phone & coach customers thru the details once you've started ripping things apart!A few direct answers & comments:1. It is *always* easier to increase a house battery bank than it is to efficiently refill it after it's been drawn down. Just to offer you a guideline, your 34' boat should be able to meet all its needs with 400-450 amp/hrs of house bank, assuming a well-designed system. A larger bank (that you should fully 'bulk charge') can require a lot of engine time, even with supplemental wind/solar.2. Don't overlook inexpensive suppliers. E.g. I found a local Tampa auto electric shop which sells superb Trojan T-105 6V 225 amp/hr batteries (designed for golf carts) for less than $50 each. After 3 years of full-time liveaboard cruising while having all the typical 12V & 110V conveniences, these appear to be a very 'high value' purchase.3. For the level of electrical consumption you plan (inverter, microwave, reefer, TV/VCR et al.) you will definitely need to replace/upgrade you alternator (most likely to a small frame unit with a 108-amp 'hot' rating, about the most you can drive properly with a single belt that retains a decent life span). This will be one piece of our 'system' purchase.4. As you read, start your homework by building an energy budget (see Calder or JRM) - i.e. build a table of 12V demands from all your 12V equipment, lighting, etc.. Solicit some 'real world' feedback from dockmates who've done what you plan, to insure your estimates are valid. E.g. based on the equipment you describe above, including your relatively inefficient reefer but assuming a not large/well insulated box (this will be your biggest single 12V consumer), I would plan on your boat being a 100-120 amp/hr/day boat - more if you install a SSB and use it.5. You will find that can be a demanding load to replace routinely; you'll also find the crew doesn't appreciate listening to the engine run a lot. That's what drives many of us into alternative energy solutions (wind/solar), even tho' they can fail to contribute much on cloudy, less than windy days. In addition, keep in mind there's about a 10% efficiency loss as you charge.6. Don't undersize your inverter as it is only 90% efficient and e.g. a Freedom 10 can't support a 1000 watt microwave. Better yet, ask the cook if you really *need* a microwave. (We found we used ours very little).7. Plan on replacing all our house bank batteries before you leave, insuring they all start with equal lifespan & health and providing you the most efficient bank performance possible.8. A final suggeston: I think JRM produces one of the best basic wiring diagrams to help you in upgrading a 12V DC system. In your case, you'll need to add several shunts, wire in an external regulator, alter your 110V dock power to accommodate your inverter/charger, combine all your (hopefully, new) house bank batteries while adding an engine start battery, increase the capacity of your panel and even more. This is also a great time to look carefully at the wiring sizes in your boat; some will need to be increased in size even if the wiring appears to be in good shape. This can be overwhelming enough that it leads some to only tackle the job piecemeal; they're the ones that have electrical problems after they leave the dock. This puzzle can be immensely simplified if you start with a sound basic 12V diagram that takes all these changes into account; JRM's diagram IMO does this better than Calder's book.Good luck! This may be the most challenging single chunk of work you'll need to do to your boat, but a thoughtful, thorough approach will pay back dividends each and every day when you're 'out there' on the hook.Jack