To add to the mix, let me suggest the ACCEL 2020 conversion kit that is commonly sold at most auto parts stores across the US. This kit is a "points eliminator" package that is a much cheaper option than Petronix and does not have a track record of repeated failures. No "kit" or any option is 100% foolproof. What the other posters have said about low quality ignition parts such as the points and condensers is certainly true - read this post on my blog concerning a rebuilt distributor and the internals that failed within 30 miles or so... no fun.
https://www.hotrodreverend.com/post/2018/08/19/1955-ford-part-59-1956-ford-four-door-victoria
I run ACCEL 2020s in all the Y blocks I have rebuilt, own myself, and for friends' engines that I help with on occasion. 0 issues with any and all over the 15 year period. I will say this however - if you read through other articles on my website you will find that I did encourage a 59 Edsel owner to stay with his points and condenser - but that was because a college student was given the opportunity to learn how to adjust points, the use of a condenser and points set up under the cap, and the ignition parts themselves were quality NOS components installed some time ago. For what the young man was doing with the car the points/condenser worked just fine.