I have just done some testing, good compression on all cylinders 130-140psi which means my valve job/piston replacement is good. I havent messed with the timing chain at all. I also tried with another coil and igniter, cap and rotor, ignition cables, there is spark always. Here are some pics of everything I hooked up, I'm concerned with the distributor, when the engine is at 0 degrees the rotor is way off its mark?
I also put a bunch of fresh fuel but I guess that doesnt matter too much, even pouring fresh gas into the carb made no difference, fuel filter is clean, all lines are new, the white fuel bowl by the tank is new.
Put a timing light to it while cranking, didn't seem like it was flashing just right, I'm no expert but I couldn't see the crank mark either.