Is the 302 a stock engine? If its not stock what rotating assembly does it have?
Normally on MSD igntions it is already setup for a v8 you only need to splice the wires if your using it on a v6, i6 or 4 banger. Try setting the...
It depends on how many RPM's the engine can handle. I always set mine to a little less than the red lining point so the engine doesnt ever red line.
The green stripe modulator is the only one that I know is adjustable... IIRC you turn the screw clockwise and it should raise the shift points....
There should be a tube like washer/bushing that goes in between them and makes it level. I cant remember the name off the top off my head. Or...
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