As Emerald mentioned, flicker is mainly a function of the single cylinder engine accelerating and decelerating. Another factor when using a typical ST head, it that the basic ST head does not have a output voltage regulator. It is harmonically excited so the more current you draw, the more field current it creates so it is self regulating to a certain extent. This does link the voltage output to RPM, so fluxes in RPM from no load to full load result in a voltage change. Since a 4 cycle single accelerates for 1/2 revolution, coasts for a whole revolution then decelerates for the last half revolution, the speed, and the voltage vary a bit. Since it is typically a 3:1 ratio from engine to generator, this RPM variation occurs over 6 generator revolutions.
A ST with an AVR, has very little flicker as the field is controlled to maintain output voltage over the RPM and load changes. But using an AVR changes the load dynamics applied to the engine with mechanical loads being applied much more agressively. This equates to larger frequency deviations with the stock basic mechanical governor. I have run both, and personaly, I think I like the dynamic of the unregulated ST head over the AVR as the slight voltage drop slows/buffers the mechanical load being applied and gives the engine time to "lean into it". I notice much less black smoke from the exhaust with the stock harmoically excited head during load changes. With the AVR, the governer applies full throttle a lot more often to counter the rapid RPM decreases. I also use almost exclusively compact florescent lights in my home. It is pretty noticeable in the few incandescents I am still operating. But with CFL's, setting in my living room watching TV, the only way I can really tell if I am on generator power is if I happen to feel the gentle thump thump thump from the engine...
Besides cost, probably the biggest reason for using an ST is the ready availability of a 1800 RPM 4 pole head. To turn a 1800 RPM head at rateded RPM to get 60HZ using a 650 RPM engine, you need a roughley 3:1 ratio. From a near 24" flywheel, that means you need an 8" generator pully. Most generator manufacturers offer a 3600 RPM head. To get 3600 RPM you need 6:1 or a 4" generator pully. When you start getting into smaller pullies, you start loosing belt friction area and run into noise and slip/belt wear issues dealing with the massive diesel power stroke from a slow single.
The ST head is also dead simple. There are no real active components to fail. Most people can't justify keeping a spare $400-$1200 regulator board on hand unless this thing is needed to keep someone alive. And if it craps some dark and stormy night, you are probably going to loose everything in your freezer and reefer before you can get a replacement delivered. I have a complete set of spares for my ST head on the shelf. It consists of a $7 heavy duty bridge rectifier and a $4 set of carbon brushes. That is it, and I can replace both on that dark and stormy night by hand with a flashlight in my teeth in about 10-15 minutes if needed.
People get all wrapped up around the axle on power stability. "It has to be dead on 60.0000 HZ and 120.0000VAC" The truth is, that it really dosn't. My simple ST head delivers power to my home at between 126V no load and 114V full load. It varies between 62HZ no load and 58HZ full load. This is quite acceptable power. I have worked on standby power systems most of my adult life and I have looked at most of those I have worked on with an Oscope at one time or another. I currently have 9 sites with backup generator that I oversee. Perhaps my ST head is the exception to the rule, but it's power is not all that bad looking and is on par with the 2 new Onan 12KW LPG sets we installed at two of our sites last year. The contractor looking over my shoulder was quite surprised when I overlayed a waveform image from my ST head to the generator he was installing(mine had a little more slot noise). Odds are however that the Onan head was indeed made in China also:)
Mine is the only ST head I have had the opportunity to examine, and with the number of chinese producers of these things, maybe I just got lucky and got a good one.
YMMV
Ron