Okay folks here's the update.

I traded in my man card and sent the car off to the shop. The seller graciously allowed a significant cash holdback until this was sorted. Between my lack of time and the weather I just wasn't addressing this in a respectful length of time.

And the winner is...dobrodan! Not only was the timing off 180 degrees a couple plug wires were out of order. Seems the shipper only knew enough to make matters worse.

Once sorted it ran smooth as silk, no smoke, no drama.

I want to thank EVERYONE that contributed here! I've scored a shop manual, some online carb resources, and a pile of insight! Oh and a running car!

Now while I have your attention, I need to address the rear brakes to pass the safety the cylinders are leaking. I don't see anything on Pelican, should I give MB Classics a call?