Beak & WayneC,
I had a bike generator on a 35 mph motorbike and it blew bulbs immediately too. I was going 2 times the speed the genset was designed for. I found a rubber grommet that fit over the generator's little drive roller which doubled its diameter (which cut it's rotation speed in half) and it worked fine. It worked just as well when I arranged for the bike generator to friction drive off a circle of leather glued to the constantly rotating inside part of the centrifugal clutch.
They are actually alternators, as I found when trying to charge a small burglar alarm battery and trying to power a radio. I got nothing but AC hum, so a .79 Radio Shack rectifier turned it to DC. Then it charged the battery which moderated the juice going to the light, almost the same brightness stopped as at full speed, and the DC powered the radio directly or off the battery. Your bike generator charged your battery and measured 40V no load so it apparently is a better model that is already rectified to DC.
Any small DC (battery) powered permanent magnet electric motor will work as a generator if spun up by a power source. So, you could use any number of small motors like off a rechargeable weed eater, a car's heater fan motor, a Barbie car's motor, you get the idea.
Something that size (find its original wattage as a motor as a guide) would power strong lights, keep a good sized battery charged for a number of long haul touring purposes, like operating and charging your GPS, possibly heated clothing (DIY sites on the net), MP3 player, cell phone, camera batteries, PDA etc.
There are many websites describing how to use small generator power for your electronics when on the road.