Also had the Ducatti regulator inside the cockpit fail. No toxic fumes I was aware of.
In doing some research on the Vans RV-12 forum, ( they mount their regulators on the engine side of the firewall). I came to the conclusion that heat may be a factor contributing to failures.
I replaced my regulator with one from NAPA and mounted a 5 inch dia. 12 volt cooling fan about an inch away from the regulator. Fan wired into master switch.
That was a little over a year ago and so far, no problems
Rodney