I suggest ditching the points and installing an HEI ignition or Pertronix kit. I have a Pertronix kit in my distributor and it performs well and isn't any trouble. It is alot easier when you don't have to set point gap and dwell every time you do a tune up.
Along the lines of what Joe said... I have heard that small planes with reciprocating piston engines still use magneto ignitions. I guess it is considered safer than points, or electronic ignitions. You wouldn't want to be a 10,000 feet and have an electronic ignition module go bad, or points that burnt up. 
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"Some men are Baptists, others Catholics. My father was an OLDSMOBILE man." Ralphie Billingsley A Christmas Story 1983
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