All,
I wanted to close the loop on this as I think I just about have this figured out. First thanks for all the thoughts and replies. Between work and everything else I just haven't had a chance to post what I finally figured out.
First and formost it was the timing. I had put a timing light on the crank previously but for the life of me I hadn't been able to locate the notch. I even turned the engine around by hand and tried feeling for the notch and still couldn't find it. Finally I figured out that it was on the front of the pully and not the back side (Can you put this on backwards?) There is not much of a notch left either to make matters worse. I finally located the notch by pulling number one plug and l did a static timing with the piston up to TDC and making sure the points where pointing at #1 spark wire on the ingnition cap. I then closely inspected the pulley. With the notch located and painted the strobe showed the timing to be way way off.
I was amaze it ran. It was idling nice and smooth, plenty of power etc. previously. However, once I move it back to about 5 degrees before TDC and readjusted the carbs my gas mileage jump up about 8 MPG as well. The shop manual only has the directions for a static timing. What should it be with the strobe, the same as static? (I do know to disconnect the vaccum advance and keep it really slow so the weights don't kick in.) What should the timing be when done dynamically? I think I'm a lot closer now but not optimal.
She still runs a little hot but not like it was doing before where it would just continue to climb. At speed it tops out about 190 on the gauge and I think the gauge is off by around 15 to 20 degrees. This is based on the fact that when it originally reaches operating temp and sort of stabilizes when I just driving around town below speeds of 40 MPH the gauge reads 180 degrees w/ the 160 degree thermostat.
I still have to drain some of the AntiFreeze out and put some H20 in and I think that should finish this thread out.
I read the thread on the "Water Pump" and the "Air Flow" Experiements. If need be i can change the pully on the water pump to a spridet pully and pickup the additional flow through the increase speed on the pump. I'm not read to go there yet but that is an option as well.
Thanks for keeping me on track.
Michael