...Next, I used a radiator cap tester to test the radiator cap I had just put on, bought from wild horses with a diode in it about 1 month ago, and it failed the test.
Well bummer. Sorry about that. When you have some time to deal with it, give us a call and we'll take it back and refund the money.
You may already have known that, or done it, but wanted to make sure you didn't think you were stuck with a defective part.
...I had a very hard time reading the degrees with it, but it seemed to be at 11 degrees, I advanced it ever so slightly both ways, but ultimately put it back to its original spot as it seemed to run the best from what I could hear and feel, although I am no expert.
Just what was it doing that made you think that a tiny amount one way or the other was not as good? Without driving it at least for a little time you really don't know 100% I don't believe.
While 11° seems to be right in the normal sweet spot, that's "assuming" that your timing marks are accurate. Which is not always the case with Ford engines in our family.
Shame really, that this even has to be something to worry about. But it is.
I still think you should advance it a few degrees even though it seems to be ok now. Just to rule out the possibility. If it really wasn't working well at the advanced settings, then there's nothing you can do but go back.
But I'm still not sure what you were feeling, when just going a couple of degrees advanced or retarded made you think it wasn't running as good.
Frankly, you shouldn't even be able to tell the difference at idle, and even when driving it's tough to make a decision anywhere between 4 degrees and 14 degrees. Other than the throttle response usually seems crisper at the higher advance numbers.
Back to the cap for a moment, this could have been at lest part of your issue. Not that running more pressure keeps an engine cooler in theory, but in reality it can in some cases.
The pressure does not change the thermal transfer ability of the radiator, or the flow capacity of the pump, or anything normal like that. It officially only changes the boiling point of the coolant. So in theory you only avoided boiling out above 220 degrees.
But in reality the pressurization of the coolant can increase the efficiency of the thermal conductivity of the coolant INSIDE the engine block itself. By keeping coolant flowing up against ALL the cast surfaces, rather than just blowing by some of the hotter ones where the heat itself can create very localized steam pockets. Causing an engine to run hot.
When everything is working properly and you don't have hot spots, you can run your engine all day long without a radiator cap installed and it won't overheat. But when something is borderline, you could go over that line with a bad cap.
Now that you have a known good cap, and whether you're still dealing with the overheating or not, then you should be able to determine if pressurizing the system has any part in it by leaving the cap installed for some tests, and then half-turned for other testing.
If there is any change in circumstances and how the temperature gauge indicates, then at least you have one more bit of data that might help determine what's going on.
If nothing changes with, or without the cap, no harm trying. And very little time spent experimenting.
But if you wouldn't mind, please describe what you were experiencing when changing the timing.
Thanks
Paul