installing a new distributor and 1 wire alt.

Well I don't like to see so much weight coming off the starter. If you are not using the relay, how are you integrating it into the neutral safety?

In order to utilize the neutral safety, you need the start wire to one, and the NSS to the other, of the two push on terminals. The contacts of the relay are the big battery stud, which is designed to be used for a junction point, and the "square" screw terminal, which feeds solenoid power back down to the starter.

You COULD run the alternator to the starter, but this adds more weight. This moves some with engine movement, unless you are using solid mounts / motor plate