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A friend of mine had a 1966 Coronet 500 with 383/4-speed. It had a factory cast iron dual point distributor in it. I thought that 4-speed cars got them, while automatics got the aluminum single point piece.
The old mechanical VR's had a fusible link inside. This likely burned out, saving some of your wiring. This can likely be repaired by soldering a piece of fusible wire in. Pretty good indication of a wiring problem somewhere.
If you have to replace timing chain, use a double roller one from a reputable supplier. They do not stretch as much as factory one, keeping your engine in proper tune. Stretched timing chain is most common cause of fluctuating timing. It is possible that someone has installed centrifugal weight...
Do you have the right sender on your engine? Oil light in the dash uses the short sender. An actual gauge in the dash uses the tall sender. Your GTX should have the short one.
You might have a broken advance weight spring, or too soft a set of springs in the distributor. Chrysler designed these engines with ported vacuum to the distributor advance, so that is what I use. I don't worry too much about initial advance setting. I plug the vacuum advance, so it is not in...
Weskcar has a website, showing various styles of kits. Usually around $25.00 for caps and decals. Ships from France. I have usually had them in about 10 days. I have ordered these kits for friends also, and have always been satisfied with appearance and delivery.