Thanks for the offer Yellowbird, truly appreciated. I broke down and bought an $80 model at autozone, has a tach also, which should come in handy for adjusting my carb mix.
Was shocked to find out how far the timing was off, the notch was a good 4 inches away from 0, had to turn the distributor probably a good half radius turn to get it in the ballpark, which of course messed up my idle speed, so I had to adjust that as well.
Was running very hot, over 200 on the gauge. Typically does not go over 190, running for miles on hot days ,,, But of course, alot can happen sitting around a year. Idled it about 15 minutes, no backfires, so at least I'm making some progress.