Arrrgh....

If you're going to run it with the points distributor, I'd put a ballast resistor back in the system or you'll fry the points and wire lead from the coil. You'll have to check with the manufacturer of the electronic setup to see what that requires. With a points distributor installed, rotate the engine untill the points are open. With a test light or meter, see if it has juice right at the contact on the arm of the points. If not, keep moving back upstream until you find juice. If you have electricity at the points, rotate the engine until the points are closed. Then with the coil secondary wire in the coil on one end, and the other end 1/4" from a good ground (block, head, inner fender) open the points with an insulated screwdriver. There should be a nice blue spark coming out of the coil wire every time you manually open the points. You can set the initial timing this way before you start the engine. When you rotate the crank, there should be a spark when the timing mark reaches the proper spot on the pointer.