Thanks all for the replies. I do plan on keeping the car. I have my own 63 Galaxie so I am more familiar with 1960's vintage stuff. So far I have rebuilt the fuel pump, the carburetor(leaking power valve and missing accelpump checkweight), installed a new voltage regulator, and rewired the shorted out front lights. Otherwise the car is a solid rust free car that has been inactive for the last 4 years. The engine was rebuilt about 8 years ago and it is all stock....no mods.
I set the initial timing, vaccum disconnected, right on the dimple. Vaccum hooked up at idle seems to be 12
degrees advance. Pulls a steady 20 on the vaccum
gauge hooked to manifold vaccum port. I did notice that
the advance did not seem to increase much past 12-15 at
higher rpm but ran out of time to investigate. The car is
not at my house but at my mother's place 70 miles away. I did notice a kink in the steel vaccum line near the
distributor possibly causing a restriction. Or my other
thought is I will not get a proper advance reading at higher rpm unless the engine is under load with the lodeomatix distributor. I may cut out the kink in the line and patch with rubber vaccum hose as a temp fix. Going out today
to work on the car. Will report back my progress.
I am pretty handy with a wrench and prefer to do my own work. I just haven't worked on cars this old before.