There is a hole there, but its the wrong one. I'm not sure why GM put a hole there, it just confuses people. You want the hole on the passenger's side, just above/behind the starter. It should have a little pointer in there if you look deep enough. I'm not sure what the 7/32" measurement is, just time it so #1 fires when the ball meets the pointer. You can probably run it advanced a few degrees from that if you want because modern gas is much higher octane than the old stuff and the compression on these engines is pretty low.


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A lone amateur built the Ark. A large group of professionals built the Titanic.