What’s your altitude?
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The fact that the vacuum is so low suggests that I still have some tuning to do.
I would hope that a '69 FJ40 might have the '69 & earlier vacuum advance dizzy. The one with the octane adjuster and little oiler on the outside. It's one of my favorites and I ran one for many years. That dizzy you should connect to the port at the base of the carb.I believe the distributor should be period correct as well.
Unrelated to your 40 issue: is your BMW an Airhead?Has anybody tested to verify that? I can understand that the wadding could slow the response of the vacuum port, but I doubt that under relatively steady state it would affect the actual vacuum reading.
When balancing carbs on my BMW motorcycle I use a differential vacuum gauge and had to really restrict the flow in the vacuum hose to be able to read the gauge clearly. Even then, things went from the needle bouncing wildly back and forth with each intake stroke to a much steadier and more readable needle, but the number it pointed to didn't change, it just went from a blur to a stable needle. And it required me to really restrict the flow, down to not much more than a pinhole.
This truck is a bit of a bastard child with parts from a lot of years, but the 1F engine is period correct for the chassis. I believe the distributor should be period correct as well. There are not a lot of places to connect vacuum within the engine bay. It's possible that a PO has plugged everything and removed the correct vacuum port for the distributor, but the port I have it connected to now was only capped and not replaced with a threaded plug. Where is the correct place to connect the vacuum operated distributor on a 1F? The only 3 vacuum ports I can find within the engine bay are on the distributor itself, at the base of the carb and this muffled port on the intake. Currently the port on the base of the carb is capped and I have the intake manifold port connected directly to the distributor (albeit with a T fitting temporarily for a vacuum gauge).
So, what's your timing at now?I did manage to tune it a little better using the vacuum gauge to about 14.5" which still isn't that great, actually.