Thanks guys. It's been a while since I first set it up, so I'll re-check everything you mentioned this weekend.
Vikki - I did go through the steps you mentioned, and remember something about the timing mark not aligning with the zero at TDC. I'll re-check all the steps though. The heat shield might be a good idea for that starter. Or maybe I'll look into a high torque mini starter.
ho4spdtogo - 1) Vacuum leaks - I only have one vacuum line and that's for the power brakes. It appears to be fine. 2) Yes that's definitely a good way to get it going. That's basically the process I tried to get it running this time. Once I got it running the best I could, I threw the timing light on it to make a note for future use. It's then that I noticed the timing mark was pretty far off.
FBody69 - Thanks for letting me know that it wouldn't run if the cam was a tooth off. I'm learning as I go. I've heard of the balancer shifting and that could be the case here. When I re-check the timing at TDC, that might answer the question. The type of distributor is a Mallory dual point, converted to single Pertronix pick up, mechanical advance. By the way, there's no slack in the assembly so I don't think I’m getting issues from that.
Ponchshop - Thanks for checking the differences. Yes one less thing to think about. I'll re-check the position of the rotor.
Quenton - That's correct.
Bronze Bird - Yes, it may be that the balancer is off. If so I'll re-stripe it.
Thanks again all. I'll let you all know what I see this weekend.