I have done this. It works.
You have been chasing this problem for too long now. You need to take the time to get back to the basics.
Back to basics. 4 things required for engine to start and run:
1 fuel
2 compression
3 spark
4 timing
When those 4 things are present the engine will run. (assuming the engine has been assembled correctly)
First of all I am assuming you already have compression.
If carb is flooding, turn pump off. (there will still be enough fuel in carb to run engine for 30/40 seconds) You can turn it back on after the engine starts.
Reinstall original distributor (with new (or good used) points and condenser) and original coil.
Rotate distributor counterclockwise till rubbing block on points is at highest point on any distributor lobe.
Set point gap at about .019" (thickness of hacksaw blade
Rotate distributor back till rotor points at No1 and points are closed.
Basic timing:
1 Set timing mark at about 6 Deg. BTDC.
2 Remove cap from distributor to make sure rotor is pointing at No 1.
3 Now rotate distributor counterclockwise until points just break. If they are already open, rotate distributor clockwise till they close, then counterclockwise again till points just break (if ignition is on, you might see a slight spark at points)
4 Do not continue rotating. Lock distributor down.
5 Make sure rotor is still pointing at No 1 If not, rotate distributor till it is, then repeat step 3.
6 Turn on ignition. Pull coil wire out of distributor cap. Crank engine while holding end of coil wire about 1/4 inch from any metal attached to the engine. You should see a nice thin blue/white spark.
Replace distributor cap and coil wire.
Start engine.
Be Happy
You have been chasing this problem for too long now. You need to take the time to get back to the basics.
Back to basics. 4 things required for engine to start and run:
1 fuel
2 compression
3 spark
4 timing
When those 4 things are present the engine will run. (assuming the engine has been assembled correctly)
First of all I am assuming you already have compression.
If carb is flooding, turn pump off. (there will still be enough fuel in carb to run engine for 30/40 seconds) You can turn it back on after the engine starts.
Reinstall original distributor (with new (or good used) points and condenser) and original coil.
Rotate distributor counterclockwise till rubbing block on points is at highest point on any distributor lobe.
Set point gap at about .019" (thickness of hacksaw blade
Rotate distributor back till rotor points at No1 and points are closed.
Basic timing:
1 Set timing mark at about 6 Deg. BTDC.
2 Remove cap from distributor to make sure rotor is pointing at No 1.
3 Now rotate distributor counterclockwise until points just break. If they are already open, rotate distributor clockwise till they close, then counterclockwise again till points just break (if ignition is on, you might see a slight spark at points)
4 Do not continue rotating. Lock distributor down.
5 Make sure rotor is still pointing at No 1 If not, rotate distributor till it is, then repeat step 3.
6 Turn on ignition. Pull coil wire out of distributor cap. Crank engine while holding end of coil wire about 1/4 inch from any metal attached to the engine. You should see a nice thin blue/white spark.
Replace distributor cap and coil wire.
Start engine.
Be Happy