I'm putting this in here as it relates to the issue. Hope it helps.
In 80 degree weather, I took my car out for a drive today and ran it through some hard acceleration. Still thinking I can get a bit more out of it, I did a little timing change. Also I realized that depending on what angle I held my full adjustable timing light, I could get slightly different results for the initial set-up. My damper mark has a thin white paint line on it and so does the pointer. The paint line needs to be thinner still, barely any more than the groove at 0* if you follow me.
Anyway, my initial was 14* with 20* on the crank (34* total) mechanical @ 3000 rpm, plus about 3-4* vacuum and it ran quite well at that. Sooooo, I bumped the initial up to 16*, reset the idle to 800 (manual trans). The vacuum gauge showed 18"Hg, right were it should be with my cam. I took it out and ran it hard through the gears and it pulled well, BUT when I let the revs drop in 4th and then hit the gas, it spark knocked like crazy. Didn't do that before, so I guess the sweet spot for my engine is where I had it before. My choices are a, cut the crank degrees down to 18 ish and set the initial at 16*, b, leave it alone or c, change and / or reset the spring tension to slow the advance down a tad.
So guys, what do you think. Leave it or play with it some more?