Get rid of points
For a stock or mild engine, points works fine as long as you use good parts (que Halifaxhops) For convenience to get rid of the points, a Pertronix unit works well. Mopar electronic may be a step up but those quality parts are getting harder to find. GM HEI conversions seem quite popular nowdays and with quality parts, they should be dependable. Another plus is they run with 12 volts and don't need a ballast resistor. I would reserve MSD or similar systems for high performance and race engines although because of the hot output and multi spark, you may see a slight improvement in preformance or mileage on a mild engine.
Has anyone ever done any dyno testing between the systems? It would be interesting to see the differences if any.