To your arrow asking if that pin is the shutoff, the answer is no. That point on the pump is where the retard/advance happens in order to help start the tractor. The shutoff is further toward the front of the pump on the same linkage, and not visible in the pic.
Others will know better, but my opinion is that if you have fuel to all those spots and are squirting fuel out of the injectors at that rate when you crank it over, then your timing is off. If it has that kind of fuel, and is being cranked fast enough, then it should run. I would look elsewhere for timing issues if it were me. Sorry if that is not as helpful as you had hoped.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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