Purdy's post #10 is about as good as it gets as a primer for driving an HC head with the stock ignition. It all depends on the engine, the car and the conditions, and what works for one guy may not for another. There is not hard and fast rule.
I drove a 7/1 Weiand with a stock ignition and started to really learn about the engine and driving conditions. I soon got into the habit of driving with my fingers on the lever all the time and adjusting to changing conditions--such as coming off a turn, descending a grade, accelerating level, and up a hill, without worrying about specific degrees of advance because you cannot tell anyway with any precision with a stock ignition. It was fun and made me a better driver.
I drove hillclimbs with the stock ignition, but changed to FSI for the mechanical advance (and changed the curve) because in competition conditions change too fast to play with the advance lever. When you start tuning for high performance operation it is a different ballgame. Then you should worry about 1 or 2 degrees of advance, because the guy who beat you did worry about those things.
For regular driving with an HC head, or any head for that matter, even a stock head, and stock distributor, learn to listen to and feel your car without worrying about specific advance figures. It will make you a better driver and you will have more fun driving the thing, which is the point anyway.