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An oldie, but a goodie- have fun.
The ignition timing is 4 degrees before top dead center. Adjust the point dwell to 30 degrees and the adjust the idle speed. then disconnect the vacuum to the vacuum advance and set the timing. Reconnect the vacuum and fine tune the carburator.
With an upgrade to electronic ignition and with running todays gas (low octane) a bump up in timing would be recomended. Try running about 6 degrees after and see how it does would not go above 12 after.
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