Need help! No torque 360.

dgc is dead on. The XE262 would have been a better choice. Get that cranking compression number. It will be telling. Like was said, initial can be as high as you can... I'd be looking at 18-20° initial. Limit total to 38, and the vacuum advance is fine. Also, learn to tune the carb. Cars dont run by bolting on parts, but by getting all the parts to work together. I dont believe the manifolds are really hurting you if the 360 engine always had them. It's just down on power.