Check to make sure you are using the correct spark plug wire (I know, too easy, but 45 out is about right for the next plug back in rotation.....).

It is possible for the damper to slide if the rubber goes bad. This means replacing it, of course.

Should be no difference in the Pertronix and point timing -- the Pertronix is only the pickup that switches the coil to replace the plugs, and if you got the wiring off, it wouldn't run.....

Very late timing will indeed limit top rpm!

Glad you found the problem.

Peter

__________________
1972 220D ?? miles
1988 300E 200,012
1987 300D Turbo killed 9/25/07, 275,000 miles
1985 Volvo 740 GLE Turobodiesel 218,000
1972 280 SE 4.5 165, 000 - It runs!