DocB said:
are the jets hard to change?
Just a word about this.
A lean condition itself, can cause pinging. That is, too much oxygen in the air/fuel mixture either from carburetion or from a vacuum leak. Running richer will actually tend to reduce pinging. However, too rich and it becomes a perfect environment for carbon deposits.
I think a distributor recurve or the use of a non-us distributor is a must do for at least a couple of reasons. Firstly, there's no more EGR for which the US distributor was desiged to compensate, and the advance springs on your distributor may be loosing tension and advancing too far. You won't see this statically.
If the compression ratio is bumped to 8.5 or higher, which I suspect it is, I think you'll have to settle on using premium fuels.
A spark plug's heat range is a numerical code within the part number. The higher the number, the colder the plug. For example, for ND W14exr-u, the next colder plug would be 16 and so on.
For NGK BPR4EY, the next colder plug is 5.
Getting rid of the carbon is another must do. Can you see where the fuel level is in your carburetor sight glass? It should be half way, assuming it's an aisin. It it's above, you're surely running rich.
The above post about heat is also on the money. A weak fan clutch or cooling system causes alot of problems.