  This paper is an updated version of the paper of similar title published in
September 1998 {21} modified to take into account recent experimental results
and recommendations from CODATA {19} and also to incorporate a correction. The
original abstract follows and is still valid. A 1960's suggestion by R. P.
Feynman, concerning the possibility of carrying out a "finite" renormalization
procedure in quantum electrodynamics, is here implemented using a newly
discovered "formula" for alpha, the fine structure constant.
