My Pertronix Ignitor II experience was to put one in the OE distributor in my '65 C code and after about 500 miles, one day it wouldn't start. I was at a meeting 40 miles from home. I swapped in some new points and condensor and they're still in there four years later.
I am also unhappy with the cold start performance of my Pertronix Flamethrower coil. I am running an MSD box and it still feels like it has very little energy. The MSD Blaster coil and Crane Hi-6R box in my '70 Cougar 351C starts up with a bang every time with just a touch of the starter motor.
To wahoo23, if you're thinking to buy a new distributor, they all come with electronic timing devices built in, unless for some reason you chose a new breaker point distributor. There's no need to buy an Ignitor module to go with a new distributor.
The cheap option is to swap in a Ford Duraspark module and distributor. The brand name electronic distributors, like MSD, Crane, Accel, and Mallory, are pretty expensive. Most of them require an external spark box, which adds another $120-200 to the equation. Most of them have no vacuum advance (which increases your costs, too, in the form of lower gas mileage). Then there is the Pro Comp option (Chinese knock offs). These are for the adventurous risk taker, as is the Pertronix Ignitor II.