Alright, here's the full story which I was avoiding because it doesn't put a certain person in a good light.
After researching dizzies for my carbed engine, I decided I wanted vacuum advance and an electronic ignition of some sort. The Pertronix SVDA looked like a good option, but when I learned people have used the 1.8L stock dizzy with good success, I looked at the advance curves of the various stock dizzies and didn't see a whole lot of difference, so I decided to refurbish my stock 2.0L dizzy, pull the FI triggers and replace with a block off plate and give it a go. An experiment for sure. This dizzy was fitted with a Pertonix III Ignitor (also an experiment since there have been some bad reviews) and I bought a matching Flamethrower coil. Now before one of you 123 snobs spouts off about how great they are, I didn't have the budget at the time, and I'm drawn to going FI before too long (yes, I know it means a cam switch). Before spending 123 money, I want to know it is going to be with me for the long haul.
Okay, so I plugged in my refreshed stock dizzy with Pertronix and the engine fired right up and popped and spit for 30 minutes of cam break-in. After balancing the carbs and dialing them in a bit, I had the engine idling smoothly and reving freely for awhile. Now, the engine fires up easily and idles smoothly as it comes up to temperature, but then begins to misfire and idle erratically as the tach bounces around like a drunken monkey. Is the issue the Pertronix, the dizzy, the coil, or something else? That's where the 050 comes in. I have a NOS 050 I bought 35 years ago and never used. My thinking is to plug it in and see if the engine runs better. If it does, then I will install the Pertronix in it and see what happens. And if that works, then.... You get the picture. I'm just trying to isolate the possibilities.
Now finally to the points. I swapped the flamethrower coil for an old spare I have so I didn't fry the points. The replacement went in 90 degrees from how I had the flamethrower mounted (you probably see where this is going). I was careful to plug the power and tach wires in correctly, but trying to static time the dizzy, I couldn't get the voltage to drop no matter where I turned it. Then I noticed the condenser wire was unplugged, so I quickly plugged it into the same side I had gotten used to being the negative side. Of course it wasn't the negative side and watched the points wire glow red hot and vaporize. Doh! Hence, the need for points to complete the trouble shooting.
That's my story and I'm stickin' to it