Something not mentioned is the small ground wire on the breaker plate. Sometimes the end will break and appear to be still connected. When the vac advance moves the breaker plate, the wire seperates...no ground.
Another possibility is the breaker plate itself. In the early 70's motorcraft was marketing a replacement breaker plate assy., it was designed to twist for the advance, but also slide slightly so as to have less dwell change. Was a slick idea, but when they wore out, and they did early on, the dwell changed drastically, the points would nearly close up.
As far as condensors, I learned in the 60's that when you replaced the points, and they weren't totally pitted or burned up, that you reused the condensor. I drove a '56 Ford wagon for 10 years and 90K miles with the same condensor, real US made.