Reusing stretched timing set....?

That brings up the question, about how many degrees of timing retard would that much slack equal? My timing set only does +/- 4 degrees or zero, nothing in between...

Don't know for sure but it aint anywhere near four.
Go ahead and do four just for the fun of it, as it won't hurt anything.
I was just making the point that I didn't think it was necessary for it to run decent on a budget.