Found the same pattern on AF1 forum > RSV1000 Mille, Mille R, and Mille SP (1998-2003)
'I recently decided to upgrade/replace my voltage regulator/rectifier. I had been noticing that my voltages would read fine at idle and at 4krpm when the bike was just started, but after 20-30 minutes of riding, the voltage readings at idle and at 4krpm would decline significantly, so much so that my voltage reading at idle, with the headlight on and the fans running, would be 11.8-12.3 volts (please note the voltage readings I quote are corrected for error, as my bike's voltage regulator reads 0.5 volts low.)'