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So the car and engine have 49,000 original miles , however the distributor was replaced with a service hipo
distributor sometime in its life and, I replaced it with a correct one but missed the fact of bushing wear
can't really say how many miles on it must be a lot.

Bingo! I think,
I had not checked the wear on the distributor bushing and when I moved the shaft where the rotor attaches from
front to back and side to side there is way too much slop. No wonder the points aren't functioning properly when the shaft is flopping around like a wounded tuna. If there is .025 slop and the point gap is .021 you do the math.
thanks again.

Thanks everyone for the great ideas for trouble shooting this kind of issue, hopefully it will help others as well.
So here is an update with what I found.
After trying the things suggested I pulled the distributor and replaced it with a known good dual point one and the problem seems to be gone. Drove it about 30 miles and no miss firing etc. after about 20 miles also changed the coil just in case it was failing when hot, that said I think the distributor has some kind of issue , to me the corners on the point cam seem a bit worn down? but still need to dig into it more as there may be something else.  good thing as I know there is a for sale sign around here somewhere!
thanks again.

Thank you Bob and everyone ,
For taking your valuable time to help with this issue, always tremendous help
on the forum.
I am still working through the suggestions no luck yet.  I do believe its in the ignition system somewhere as i have checked the fuel delivery and pretty much eliminated that. I am kind of pointed at the coil or tach as the
tach is way off on rpm when this is occurring but works fine when its not so is the tach causing the problem or is the problem causing the tach to be off I have to be away from the car for a while but will update when I know more.
Thanks again.

hi All,
So My 66 Shelby had been running fine, then yesterday seemed to start normally but in just a few miles it
started to miss and progressively got much worse i barely made it home and into the garage ,kept stalling and running rough.  I changed the points and condenser and fuel filter, seems to be getting fuel also plugs look sooty 
replaced them still runs terrible , I cranked the engine with the key off and noticed spark at the points? also when it was running the tach is off on the rpms also the timing light doesn't seem to work correctly only flashing
occasionally I checked the timing not long ago and was perfect I am totally lost as to what to check any suggestions would be appreciated.  could a bad coil do any of this?
thanks,
Dave

Hello,
I used Jim to restore and recurve my HIPO distributer recently
very nice work. I would recommend him.
Dave

Thanks guys,
always good advice here.  will probably go with the Fel Pro seal. I am sure it will be fun
to get the cobra t-pan out of there. As far as my timing question basically just wondering
what cam gear type I would expect to see in a 66 hipo that has never been apart when it comes to
a nylon clad gear or not. A knowledgeable friend in my local Shelby club indicated it should have the
nylon type and needs to go.
again thanks.

Hi All
So my 66 Shelby is leaking more than I can live with at the rear main seal time to change it.
This will be done in the car with the 2 pc seal has anyone had consistent good luck with a particular brand
of seal so I don't have to do it twice? I may look at the timing chain as well , the car has 48k original miles
and its probably still the original one. My question is did K codes come with the nylon clad cam gear? if so it probably will need replacing. its been quite a while since since I had my last K code apart.
Thanks much!

Hi Guys,
thanks for taking the time to give your opinions.
sounds like a good company that I will give a try!
Dave

Morning All,
Just wondering if anyone has done business with West Coast Classic Couger?
Of course some Couger parts crossover with Mustangs , so just checking if
anyone had any thoughts on their experience.
thanks!

I can see it now
Minivan white with blue stripes

Hi All,
Its been quite a few years since we attended a SAAC convention and are planning for SAAC 50.
I don't remember if there was a swap meet or parts for sale area. Also none listed in the schedule of events unless I missed it.
Maybe there is not one , but if so would anyone know the day it would be?
thanks and see you there.
Dave
 

Hi All,
I have a friend who is looking for a driver quality 66 Shelby .
the ideal car would be solid driver with its original born with engine, Shelby tag, vin. etc.
Cash works or if you are interested, one or more of the following cars + cash as a trade .
2002 Viper ACR with 11K miles
1969 shelby GT500
1966 Mustang convertible. 
If you have any interest please drop me a personal message with a few details about your car and
I will be happy to pass them along to him.
thanks,
Dave

I also found one of these invitations in the paperwork folder that came with my 66 GT-350.
   The 66 was sold at Mel Burns Ford but the invite is High Performance Motors Ca.  With the
invitation is a heavy bond paper specification sheet for 1967 with an artist rendering of the 1967 Shelby
GT-350 on one side, on the back are more specs. and a see thru view of the car.  This may have been
something he just picked up at the dealer showroom.
Best,
Dave

I think Pinto's may have come with one.