Hey Dan - when is the buckin' horse sale next year? I've got to go visit the boys over at Colstrip (Montana Power/Western Energy) once in awhile - might have to figure it out so I can swing by and see what you've got cookin' over there.
While your guys are working over the distributor - hunt up a salvage mid 70's small block version and strip out the parts to convert your Y distributor over to Duraspark II. The electronic distributor will be a big improvement over the points. You will need the upper rotor shaft, stator, reluctor, vacuum pot, etc.
Steve Metzger Tucson, Arizona