Cliff,
I've got the distributor set up for a maximum of 41 degrees advance, 10° initial, 16° mechanical, and 15° vacuum.
The mechanical is all in at 3000 rpm, and I'm using manifold vacuum to the advance unit. It's an HEI unit.
I just ran a 200-mile round trip to Tucson and back yesterday, and it seemed to be fine except for a slight fuel starvation issue due to the stuff I have in the supply line. I've got a shut-off solenoid and an electric pump about midway between the tank and the mechanical pump. When I noticed the problem, I turned on the electric pump, and that solved it.
I think I'm going to relocate the solenoid to above the mechanical pump, not my preferred location due to it being seen easily, but better than letting it cause a problem. (Down here on the border; it's necessary if I want to keep it in my possession).
I did have a heat issue coming back because I was running the air conditioning, but it never overheated, just increased by about 15-20 degrees. I'm running a 180 stat, and the gages registered the normal temperature for when it had a 195 stat, so I'm attributing it to the extra load and the steady rise in elevation between Tucson and here.
The engine has just over 1350 miles on it now, still using a slight amount of oil, I believe, due to the Moly rings. I pulled a couple of plugs just to check and they looked great, a slight brown coloring in spots, which I believe is normal.
I did notice that while cruising at 75, at times the AFR would run upwards to 16.0, but if I gave it a little throttle it dropped back down into the richer zones. I'm getting used to seeing the gage fluctuate a lot and I'm paying attention to the circumstances at any given time.
Pulling, accelerating, the AFR is always in the 10.5 to 14.0 range, depending on how many toes I've got shoved into the carburetor.
On the distributor specs, is what I've provided enough, or do you need more specific details? If so, please let me know and I'll find out and post it here for you.
Thanks for your help and expertise I really appreciate it.
Rick