Maintenance time. I decided to do a tune up on my 4.2.
I I was told the 4.2 in my scrambler was from a 76 AMC hornet which would mean electronic ignition. Once the cap was off I could tell that I have points. Since no one else here likely deals with points I'll keep it short. Basically buy distributor cap, rotor, contact points and a condenser (about $30). Remove all the old parts, install the new.
Adjustment- put the engine in gear and rotate the engine until the peak of one of the lobes of the distributor shaft is touching the tip of the arm on the contact points. You then want .019" of clearance. I also used a dwell meter (28-35 degree range), my .019" put me at 33 degrees dwell.
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Next up is plugs and wires, then I'll clean the carb. It's running good, but the idle is a bit rough.