Basically spin the dizzy is all I'm saying to test the AC voltage in the reluctor. Did you switch to AC and make sure you have at least 1 volt AC. That pickup should be between 600 and 1500 ohms, usually 800 is optimum. Do you have a spare distributor to throw in there and try it to see if it will run. The ohms are way low on the pickup. I think that might be it!