No I still say the alternator IS NOT protected by the fuse link. As mentioned, if the batt doesn’t exist nothing of the charging or ign system is fused protected, like for example, parking lights are fused still without a batt, and the fuse will blow, but engine will kep running… because the fuse will blow faster, before stall the engine than a fuse link won’t.
On an alt short and depending of the kind of short, the engine will stall before the fuse link blows. Except if the short persist still with engine off, which in that case, the fuse link will protect from THE BATT power