I thought the problem might be the rotor windings or the new diode board has an issue. The vibration, heat, PIV is high stress for the diodes which is typically what I've replaced.
edit:
1N5403 is an oddball 300V part and possibly too low voltage. I use 600-1,000 PIV.
Big generator rotor tests are mostly what we know but there is the RSO (Recurrent Surge Oscillograph) Test. It seems to be TDR fed into each winding end and comparing the reflections. I don't think the windings are wound symmetrical enough for that technique? and there is mention some shorts can appear only when the rotor is spinning or at operating voltage/temperature. A bit more info for big stuff:
https://www.sidewindersllc.com/generator-rotor-testing/I think my idea for using a Ring Tester has troubles if it's a short between many winding turns, not a single turn short. The Q can still be up there.
The stator magnetic field having some dead spots could be normal if there is a magnetic shunt. But I have never looked that hard at their construction. I guess it's a guessing game - replace armature, then the stator.
I would be tempted to disconnect the diodes and inject AC voltage, say 24VAC to each rotor winding (on the bench) and see what the current is like. But at some point it would weaken the magnets. It should work as an electromagnet?
Same for the stator - run it backwards and inject AC voltage say 24VAC at its output, see what the resulting current is like and flux capacitor voltage too.
I keep wondering if your original diode failure didn't wreck something else, or polarity got flipped somewhere. Maybe injecting DC to the rotor windings could verify that the (magnetic) polarity is correct wrt windings and magnets. The connection of the windings to the diode board might be reversed.