The switch to an alternator, and solid state voltage regulation has really helped our electrical systems. Gone are the generator armatures with their multi-segment commutators that wore out brushes rather regularly.
The modern alternator brushes run on a relatively smooth surfaced point of contact - and as long as the bearings stay together, very wide spread maintenance or replacement is needed.
My '91 alternator was still going strong at 120K miles when I sold it after buying the current '02. And yeah - probably a good idea to replace both the bearings and brushes whenever the alternator DOES need to be opened up...