I hear you on the possible dangers of an ammeter. What I do wonder about is what is the probability of failure??
Again, I'm sure that there are modified vehicles that have huge power draws, with electric fuel pumps, water pumps, radiator fans, power windows, air ride systems, huge amplifiers etc. I have none of that so I have to believe that with only a 50 amp alternator the probability of failure isn't that high. To me the bulkhead connector is a bigger problem and if you replace the amp meter with a voltmeter you still have that issue.
There are BENEFITS to an amp meter. Example, I have had problems with my wiring such that my stop lights quit working, and I wasn't aware of the problem. Now that i corrected the problem, with my amp meter I can check it immediately. Simply step on the brake and watch the amp gauge swing to the left, assures me that they are working. Try that with a voltmeter.