Just read a thread on timing that linked to an article on setting points which had this to say about the difference between HEI and points:
MYTHS:
There are many myths surrounding dual point ignitions, here is a list of the most popular.
Dual Point ignitions are better than electronic? Absolutely false. In many cases a point ignition "may" be more reliable if your electrical system on your vehicle keeps killing electronic ignition modules, but points are definitely not better than electronic. Electronic triggers offer better coil saturation, better RPM, no need for adjustments, and smoother running at all RPM levels.
http://www.centuryperformance.com/point_settings.asp
