No spark and i can only get 5V at the coil.

I looked it over like 3 or 4 times and double checked all the connections. Im going to test it one more time this morning and then go grab the ECU if everything still shows bad.

So i hooked it all back up this morning and it still tested bad. Then I remembered that the PO had given me the original 5 pin ecu in a box and he said he assumed it was bad because he had gotten it from the PO. So I figured that since I had everything hooked up id go ahead and test it for ***** and giggles to make sure it was bad that way I didnt just have 2 bad ecu's laying around.

Well it turns out the original ecu that was sitting in the box in the trunk still works. I hooked it all up lke you described and it passed the original test and teh one wire test. I even took it a step further and hooked it all up the original way and spun the distributor and as the reluctor passed the pickup it fired each time too. So its pretty safe to say the ECU was definitely my problem(fingers crossed). Funny how the original ECU form 1975 still works but one from advance auto parts thats 2 years old has already failed. Im going to throw it back in there and ill grab the other ECU from advance anyway so I have a ready spare. In case this one decides to go seeing as the sappy material out of the back seems to be deteriorated a little bit.
Also going to take some time and clean al the connectors at the firewall and then reconnect since out of all the connections those looks the worst.