Ok, new battery, new starter, grounds cleaned. Starter now turns over very quickly.

New points (gapped to 0.019"), cap, rotor, coil, plugs (gapped) and wires. Checked rotor spring contact to center post conductor. Checked good spark at coil high tension lead. Although hard to see in the bright sunlight, I saw sparks at plug end of #1 and #3 cylinders.

Rebuilt carburetor, mixture screws out one turn, idle air screw out 1/2 turn. Good fuel flow from pump when disconnected, accelerator pump jets into carb on throttle pump.

Triple-checked spark plug wire connection order.

Alined timing mark with TDC and verified rotor pointing to #1 post. Loosened distributor and slowly swiveled while cranking.

Compression check on #1 and #3 - 130 PSI on a single stroke. Probably not the full reading, either - it blew past my gauge and startled the crap out of me both times. Decided compression was fine.

I get no sign of life. No sign of any kick whatsoever. I'm extremely frustrated and need to walk away for a day.

Any suggestions, details I might have missed, encouragement? I'm getting frustrated with my lack of progress getting this car back on the road. I've got a long road ahead of me still and I'm considering selling this pile of parts and buying a Cobra kit (surely there wouldn't be ANY problems with that!). If I can get this motor running it should give me enough juice to keep going for a while.