oldcarmark (4/6/2019)
Depending on how much Advance is available You could easily end up with 50 Advance which is too much. .
Too little advance isn't good either. 50° BTDC under certain specific conditions is very much typical for V8
In '64 the initial timing spec was 6° BTDC, but another 5° additional to that to improve performance or economy was acceptable.
Then the internal distributor mechanisms (reluctor, or slot) for 292 available were either 13° or 18° distributor degrees (e.g. 26° or 36° at the crank.) With a 13 slot there's 37° right there, at least at full throttle
The vacuum advance in '64 was rated at 6° and 1/2 (or 13°at the crank.) That's 50° right there.
Plenty of ignition advance under lightly loaded conditions is where fuel mileage can safely be improved, mostly at steady level highway cruise.
This is why vacuum advance was invented, there isn't nearly enough ignition timing advance available for best running at steady cruising speeds in high gear when using weights and springs alone, the engine will run too hot when the timing is retarded (and will run too hot when overly advanced, or too lean a fuel mixture)
It's worth taking the time to experiment a little bit and find a combination of initial timing, weights, springs, slot, tension, vac advance, etc etc that works for the particular application. It's important to keep in mind performance tuning is different than stock OEM tuning, or tuning for mileage or range.