For moisture problems, remove the distributor cap and dry it out either in a sunny location for 1-2 hours or use a hair dryer.
More advance won't hurt. 6 to 10 degrees BTDC for a healthy engine.
If it is running rich and blowing black smoke there's no point replacing plugs etc until you have fixed it. Possibles are temp sender for the EFI, air flow meter, fuel pressure regulator. Search on those for test procedures.


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