There are three main reasons HEI type ignition systems benefit an old engine:
1. The stronger spark allows you to run leaner mixtures and still fire them reliably. This helps emissions (primary reason why GMH put them on) and economy.
2. Constant spark energy. Unlike points systems where the spark output voltage is highly dependent on battery voltage, HEI dissy output is still full at relatively low voltages such as experienced at cold cranking speeds. They drop out under a quite low voltage, when your starter has almost stopped cranking.
3. They REMAIN IN TUNE!!! Points go out of adjustment quite quickly, so are slightly out of tune about 1/2 the time they are installed. Electronic dissy tuning remains where it is set for very long periods.
For 6 cylinder Holdens the original Bosch dissy from the blue motor is by far the best. They appear on ebay from $20 to $350, depending on condition. As with all things on ebay, you can get a bargain or get ripped off. A middle of the road one will give you the least risk, such as this one:
HOLDEN GENUINE BOSCH 6cyl ELECTRONIC DISTRIBUTOR 202 | eBay
They should always be fitted with a replacement drive gear, either a new nylon one as recommended by Holdens or a steel oil pump gear off a wercked oil pump, as done by me heaps of times with 100% success.
BTW for LPG they are the bees knees so long as plug gaps are set at around 0.9mm. Otherwise cold starting and backfiring issues may occur.
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