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going through some of the old but still valuable posts here, I thought I'd update everyone on the old Prestolite.
The motor sat 6 years, I used ATF in the cylinders to be sure it was not frozen up, gently turned it over with a breaker bar on the big nut on the forward end of the crankshaft with plugs OUT (liquid will not compress, can cause damage) and then spun the motor on the starter a while before installing the plugs (which promptly got covered with ATF).
The distributor was rusty inside, and I replaced the springs, oiled everything up, still running points and condenser, and the darn thing works just perfect! We ran all over Old Hickory Lake at various speeds, the motor did not miss a beat. Old equipment like this can be made to run just fine, sometimes it only takes a dollar or two worth of little springs!
If the springs are rusted, replacement assures they will work properly.