Cold exhaust, hot valve cover.

Sorry I should clarify. I was messing with it a lot to try to learn more about this problem. That was the last setting I had when I gave up. Normally I would have an 800 idle and around 10° advance. I probably should have specified that... oops
It is a 727 auto. High stall converter. I forget exactly what but its somewhere around 3000 stall
I believe you will end up at around 14* initial and all in around 36* without a vacuum advance hooked up if you are running one.