cool - sounds like your timing is too low - most require 10-15 advanced. Hopefully the nut noise wasn't a torque converter bolt loosening up on ya.. are the intake leaks gone?
The intake leaks look to be cured. It was at a timing of 10 and running bad. Pushed it back and it got a tad better. It has no power but will run. I think there might be a spark issue now.