1974 Valiant Scamp, timing retarding when revved

We are on the same page now, I get ya! The transfer slot, or how much of it is exposed on the underside of the blades.

I pulled the carb when I got a break from the rain and set it at .030 using a feeler gauge. This is the timed vacuum port side, as you said it's not exposed at all when the transfer port is spec'd to about .030.
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Manifold vacuum port side for reference.
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And here is the shot of the distributor, #1 is the wire under the brown wiper wire. Basically pointing to #1 cylinder.
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