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As some of you may recognize, I have been using an a/f gauge to tune up my tired motor. Last weekend I was nearly there with rods and jets - a bit lean, but the car was running very well. I dropped from 43 to 41 rods to finish it. I then started the car and it now runs like crap - lazy on the revs, backfiring, sooty exhaust, etc... Figuring I dorked up the carb somehow, I put the 43 rods back in - no help. I then installed a known good carb (a new JET 800 CFM Stage 2) - it still does it. I had replaced all the plugs after a recent flooding episode. When I pulled #2 plug yesterday to inspect, it was completely oil soaked and wet, black. I put on a new plug wire for #2 and it didn't really help. I had already replaced the cap and rotor when I put on a Pertronix II electronic ign system.
I notice that the car spits gas vapor back up through the carb when I shut it off. It also holds a reasonable idle but spits and backfires when trying to get up to 25 or 30 mph. I have adjusted the APT screw on the JET carb (this is a late '70's carb with an access port in front of the choke tower to fine-tune the depth of the primary rods) to run richer... I would swear that this is like when you put a distributor in wrong and it is off by a big amount - but somehow the car barely runs. The problem is that I have checked and rechecked timing and it is good at 12 BTDC. Also, the vacuum advance can points to where it did when the engine ran well recently. So I now think that maybe my tired old engine has had the cam slip on the timing chain by a tooth. That would put the valve timing off and produce my symptoms - correct? What else am I overlooking?
At this point, I will drive the car up on a flat-bed trailer and tow it home to St Louis in a few weeks when I move back there. Too bad - I had wanted to drive it home on an 800-mile road trip...
I'll likely use this event as the catalyst to pull the engine and rebuild it...