Alright , After a weekend of mechanical follies here where I stand,
I put new points and condencer in the dizzy....And the carb was stopped up,
So I got a carb kit for my POS motorcraft 4300 4 barrel.....I spent most of the day rebuilding it..It fired up and ran finally not well but ran...I couldn't get it to idle so I got out the timing light , found the timing marks (all rusted over) and fired it up......WTF I couldnt get the marks to come in to the line up point no matter how I moved the dizzy....and it smoked and sounded awful..So I went back to basics found where # 1 should be bumped the engine to exhause stroke to top dead center #1 and moved the dizzy to my surprise it was off a few teeth on the gear .....So after putting it all back and fighting to get the dizzy seated again(being careful not to loose the pickup tube into the motor) It fired and sounded really good ..I got the timimg light set up again and got ready to time it and cranked it and someone had left a bolt out of the starter and it broke the ear off and hit the floor....I threw every tool I could find and came inside for a beer.......all this fun and I have only had her 7 days