Yep and if you want to have lots of bolt on goodies it will quite happily melt your wires.
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I'm with Clivees on this one, Series II electrical systems were designed for powering ignition system, lights and the horn. Bolt on goodies may draw much more power from the battery than the alternator can replace. Many car alternators are restricted through the regulator to 50% to ensure a longer service life, but your battery won't like repeated heavy discharge cycles. Second issue for consideration is the possibility that previous owners have hacked into the electrical system taking feeds off anywhere they can.(from bitter experience) resulting in more power consumed= more heat = Fire.