We test oscillator level truncation regularization in string field theory by
calculating descent relations among vertices, or equivalently, the overlap of
wedge states. We repeat the calculation using bosonic, as well as fermionic
ghosts, where in the bosonic case we do the calculation both in the discrete
and in the continuous basis. We also calculate analogous expressions in field
level truncation. Each calculation gives a different result. We point out to
the source of these differences and in the bosonic ghost case we pinpoint the
origin of the difference between the discrete and continuous basis
calculations. The conclusion is that level truncation regularization cannot be
trusted in calculations involving normalization of singular states, such as
wedge states, rank-one squeezed state projectors and string vertices.Comment: 1+20 pages, 6 figures. v2: Ref. added, typos correcte