If this is correct, then I'm guessing the point of setting the points gap is so the coil fires at the right time. Too tight and it would fire early, too loose and it may not fire at all?
When I rotate the crank, I feel like the points barely move. In the picture, it looks like both points (blue arrows) are closed at the same time, which shouldn't happen if I'm understanding how this is supposed to work.
I have new points but I don't want to replace something that's working right. I plan to adjust the points gap as Earl described and see how it runs. So my rookie question is how do you adjust the gap? Do you adjust the gap by loosen the pair of screws (red circles) holding down the point and rotate it slightly so the crank bolt (or whatever is behind it) pushes on the bottom of the lever and makes the 0.014" gap?
contact breaker small.jpg

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