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For a stock distributor you need a flat head screwdriver to adjust the points mount and a 1/8" allen wrench to adjust the dwell. You also need a dwell meter (set to about 30º) unless you want to use a points gap gauge (set to .019"). All of these tools are available at almost any parts store.
Nice thing about the flex driver is, you can set it in there and know your not gonna get a shock. (btw, remember to re-check your timing once you have done the points)
I never knew such a thing existed. Is there any advantage over a regular little L-shaped allen wrench?
There's lots of stuff out there that only the professionals know about. Did you know that there are extra long screw drivers...about 4 feet long for adjusting the idle mixture and idle speed? I've got a pair that I've loaned out to a friend which really help on hot days when it's too painful to lean over a hot engine...I'd rather get my tan the old fashion way.
i would be carefull giving these tools away,100 years from now they will be worth a lot of cash on e-bay . even better if they had been used on vettes, hahahah