Yes, acording to Ford specs .018 to .022 gives a range of a few thousants , one of these settings can get timing exact . If the points cam is slightly off as many have been found to be or if you went past the timing dimple, even a small amount, the timing still won't be exact. To put it simple, Wider gap within specs advances the timing because the points will open a bit quicker. I'm more interested in quicker throttle response and faster accelleration, advanced timing will help in that respect. Wider gap within specs will also give more time before wear on the rubbing block will cause the points to have to be reset. On the other hand, advanced timing caused by wider points gap can effect idle. If the slowest idle is more important,, maximum points gap can have a slight negative effect. Never set the points with more gap than .022 or you will probably get starter kickback. I allways just set the points first. Many will end up with retarded timing when they try to set timing by points gap