OK guys, thanks for helping.
Let me see if I can draw a correct answer.
Yesterday the electrician I talked about earlier came by and we started by trying to get the car started by pouring a bit of gas down the carb since it didnt ran for a while now. No good. The we proceeded to check the coil which seems to be delivering properly.He then ran a bunch of tests on other parts and connections from the coil onwards. The spark is irregular or so it seems. At a point we managed to get the car running but irregularly (painstriking to me since she ran very smooth) with lot of poppin and some good bangs from the exhaust.
He then proposed it would be better to take off the dizzy and check for looseness, worn bearings / shaft.
I felt good with this because he did that to me once on a 68 opel I had whith the same sympthoms and solved it, so away the dizzy went.
Let's see the outcome.
@sid: The holley was overhauled with a complete kit past June or so. Somehow the new needle didnt manage to seal and the carb flooded. I'm using the old one till now with no issues, but thats a good lead, so I'll pass on th that, being the dizzy cleared.
@ Jimz: Valuable info, thanks. I hadnt yet fully captured the dwell meaning. I hope the dizzys rebuilt goes well so I can go with proper specs. I cant get the engine runnin till now, so I'm frustrated not being able to check for the leak. Lets see if I can get to it soon.
@ Dave: I'll pass on to carb next, but I must tell you that Im afraid of messing with that. Maybe to you guys it is a very simple matter, but to me, being over here where there are no parts readily available, its a bit scary. I read you on the sticky ball and understand the crucial role it plays.
@ George: That's my main hope for now, lose bearings, worn stuff. This guy has already cleared a similar issue for me in the past, so I've got my finger crossed.
While I'm at it, I might as well ask you guys what you think about the autoline and cardone dizzys and carb on rockauto:
https://www.rockauto.com/catalog/x,carcode,1338229,parttype,7108
https://www.rockauto.com/catalog/x,carcode,1338229,parttype,5904
Can one go with another? Should I go this way if necessary?
Thanks