There are a couple different electronic ignitions available as direct replacements for the points, but both retain the mechanical advance which has rather a steep curve. There is no vacuum advance / retard feature with the stock or aftermarket set-ups.
I wonder whether the MegaJolt /E will accept the magnetic pick-up signals that are common to both aftermarket electronic ignitions or whether I will have to find a way to adapt a Ford EDIS set-up to this?
Here's the distributor:

Engine configuration:
