FiTech EFI system

So I'm almost ready to fire it all up (still need to drop the tank to get rid of the bad in tank pump and replace the sender with the old style).

Question for everyone (and Johnny :)),

This is a new engine install that ran with a really badly done used GM TBI setup. I removed all that, put in a mild cam, new intake, and new dizzy. I've lined up the dizzy to fire plug one and the engine is at exactly TDC on the compression stroke for cylinder one. The FiTech will be controlling timing through a locked MSD billet Distributor (2 wire).

Do I need to do anything else before start up? Do I need to set 10 or 12 degrees of base timing prior to start, or does the timing control take care of all that during setup?

And I haven't even really fussed with phasing the distributor either.... How important is that? And yeah, I'm a newb when it comes to this stuff.

Thanks for any input.