Turns out that it was a weak spring on the points. It runs absolutely perfect now. Damage done? Lost the patina on the carb! Sure fun finding the problem though.

Thanks for your all's help.

Will try and post pic later on when it looks a little better.

1954 Chevy truck. http://s1056.photobucket.com/user/skybound1/slideshow/1954%20Chevy%203100

http://s1056.photobucket.com/user/skybound1/library/