Reluctor and Phasing....

Seems like a final test would be to spin the distributor by hand w/ the cap off and shine a timing light at it to insure the reluctor aligns with the pickup when it flashes. For this, clip the coil HV wire to the engine block and clamp the timing light over it. You can find an MSD video on that, or search for the Crane Cams XR700 manual, see "rotor phasing". Can also cut a hole in an old distributor cap to shine the light as the engine is running to assure the rotor tip aligns w/ the post. It will move back and forth as vacuum advance changes, but not w/ rpm.