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I found my "T" and nipple adapter in the True Value Hardware store. Any NAPA would have your spark plug gap tool. So would Sears. My hand held tachometer from Sears has a dwell setting that lets me know if the points gap is correct. I guess they still make them that way.
I would:
1) Gap the plugs: .031-.035 in.
2) Check the dwell: 38 - 44 degrees
3) Set the timing: 7 degrees BTDC at 500 RPM
4) Attach vacuum gauge and report back.
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Thanks man

I do not have a tachometer with dwell settings, and have no idea how to use one hehe

Any ideas?
The needle and ball lined up with the timing gun ( wire on plug one ) would be 7 degrees BTDC? or would that be 7 degrees past pin and ball bearing?
Do i need a gun that has a dial for degrees? or just the flashing gun variety with no readout ( what i have )
The tachometer has the rpms right?
Saw the FSM had info on how to adjust the throttle adjustment screw and the idle adjustment screw to get the highest vacuum. I will find a hardware stores for the connectors and report back tomorrow.