"Ohm" the high-tension wires, starting with the coil wire.
Just because they have been replaced a while ago doesn't rule out a "bad" wire or two.
Or, better yet, replace them with a high-quality set of spiral wound/magnetic core wires.
You always brag about how you keep your vehicles inside, is the building you store the truck in DRY and well-ventilated, those 4.3 ignition systems are particularly sensitive to moisture.
And, as the other poster said, have the timing offset checked and corrected to zero.
The more it's off the farther the sparks have to "jump" from the tip of the rotor to the individual high-tension towers.
Sparks create ozone, which combined with moisture tears up the aluminum terminals inside the cap creating a white oxide that gets spun around the inside of the cap, eventually combined with any moisture causing a breakdown of the cap insulation that causes a misfire or shorts the spark out altogether.
If you dig around on GOOGLE you'll find that ventilation of the distributor has been an issue over the years, and changed over time by the OEM or "modded" by owners.
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Today's Featured Article - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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