Ron, everybody will hate me, but, the points should be fine for the application. If you have gone thru the distributer, made sure the advance weights are free and working properly, the springs are hooked up and are not broken, the cap is clean with no carbon arcing, the rotor is new, the timing is spot on, and the vibration dampner hasn't slipped out of phase, well then, you just might be a red neck.
Kidding. Borrow a KNOWN GOOD DISTRIBUTER, put it in and see what happens. If that fixes the problem, there you go. If not.
Is this a fresh motor? Hydraulics, solids or roller (of either persuasion), check your valve adjustment. You may have a cam going flat or a valve too tight. It sounded real racy, who's cam is it? ( I know it's your cam, who ground it). Fresh gas? Valve springs gone soft? How long did it sit?
How much initial timing do you have in it? 10 to 14 degrees is standard. All the boots pushed on completely on the spark plugs? Idle circut set too lean? That can happen. Adjusting the idle, car gets really hot, idle is perfect, start it the next day, too lean. Pop, Bang. Do you have chokes that operate? What kind of carbs?
I'm all thunk out, some else take over, John
P.S. Were the points set as per the manufacturers recommended procedure? Were the points set with a dwell meter, individually? The car should run on the primary set of points alone. To set the initial timing without a timing light. Turn ignition off. Remove distributer cap. Rotate balancer in normal operating direction until 14 degree mark on balancer is opposite timing pointer, paying attention to make sure that the rotor is pointing to no. 1 ignition lead, that the cylinder is in the firing position ( both rockers are equally loose) and that the primary set of points are just beginning to open. Now loosen the distributer and rotate it approx. 45 degrees ADVANCED and stop. Turn on the ignition and start to turn the distributer the OPPOSITE direction, retarding the ignition. Slowly continue until the primary set of points arcs. STOP.Turn off the ignition. Lock the distributer down. The timing has now been set at 14 degrees before top dead center. Reassemble distributer. Check for starting operation. That is how you set the timing the "dead stick" method.