Legit? KMJ PE340 Distributor.

I was hoping that sometime in the last 4 years you've gotten around to hooking up this distributor. I just bought one and I need to find out just how I'm supposed to bypass the balast resistor and the electrinic control box. Do I just disconnect them or do I need to do anything else? Plus, this thing has two wires, black with a loop terminal and red with a female spade. I'm assuming that the black wire goes to the coil and the red goes to a switched ignition? My car is a 71 Dart Swinger 318/2bbl - 904. Nearly bone stock. Thanks for any info you could provide.