Congratulations on having the finest handy size Farmall. Welcome to the Forum on YT. The advance issue is important. The timing is set best using a plain old test light. Attach the light to the coil to dist. terminal, and ground. Set the engine at TDC on compression #1 cylinder to the timing mark. Now move the distributor until the light just sputters on when turning the dist CCW looking at the cap. This is the static timing, clamp the distributor. If this is done, and the centrifugal advance only allows 8 to 10 degrees, the issue is under the points plate where the advance weights and springs are located. The next issue is richness of the mixture. A slight lean condition is caused by Ethanol fuel. If using E10, a slightly higher float level, a just a tiny bit bigger main jet, and richening of the idle mix is appropriate. I hope this helps. Jim
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