I dropped $$$ in a billet housing with Ford OEM parts for my flat four, and eventually went back to a PerTronics Ignitor drop-in Hall effect replacement for the points and condensor. I've had one fail over the years, but they hold adjustment better than points.
That's a nice donor chassis. Is it still in that shape? Plans?
What would fly well here is lift off the top and build a [stitch-and-glue] aerocap.
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