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

Sorry I had it disconnected in the photo. No you want power hooked up, and then ground / unground the indicated distributor terminal

"On a side note," you can also use the Mopar ECU with points, IE convert to a points fired electronic ignition by hooking the points to that terminal. This does not work with the GM HEI, LOL

Make darn sure the ECU is actually grounded

Points controlled electronic ignition..... I see what you are saying but WOW. The points would not burn up since it is a fraction of the current they would normally handle and dwell should be a lot less critical as long as timing is set after the points. This should make the condenser optional as well right?