Would a power regenerator like those from PS Audio not negate this need?
No.
If I get a power regenerator, it’s totally regenerating clean power so is there still a benefit to having a dedicated circuit?
Yes.
Now listen close, because this stuff does not work the way you’re being told. Its hard to understand mostly because almost everyone is getting it wrong- and almost everyone is getting it wrong mostly because instead of doing and finding out they accept the same old same old as everyone else. So please read my system description and consider every word very carefully.
https://systems.audiogon.com/systems/8367 Unfortunately you cannot hear it, not without coming to Seattle, but you can look and see pretty much every single little thing in that system from the panel to the speaker cones has been tweaked or modified in one way or another. What you can’t see are all the countless things that were tried and discarded.
Everyone wants to think one and done. "I got a conditioner." One and done. Does not work like that.
When it says in my system description that everything matters, and no one thing is any more or less important than any other, I mean every single thing. Otherwise I would have said amplifier, speaker, etc. Everything means everything. Every single inch of every single wire, all of it.
You can get your conditioner, great. If its a good one it will by definition be an improvement. But no matter how good it is, and I do mean no matter how good it is, you will still be able to improve the sound by improving the first foot of wire coming out of the panel. And the last foot of wire going into the panel. And every foot in between. And the last foot of internal speaker wire. Every stinking inch of it matters.
Not like you’ve been told? Sorry. Truth. Only way I roll.