Engine died. Now won't start

Demon Seed - That reluctor is a cast steel unit - It would be the very last thing I would replace as it seems to be the item least prone to problems. Are you referring to the pickup? That whole distributor is a cheap new unit but I suppose it could be bad already.

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Yes the pickup coil inside the distributor that you set the gap at, I've had 3 go bad on 3 different BB's over the years.