The ignition control module was replaced with the new distributor.
No black smoke.
The plugs look like it is running lean but it is using gas like crazy. (7 - 8 mpg) They look white. If it is indeed running lean then where is all that gas going?
The FDV - the cutting in and out doesn't seem like when you are running out of gas. No spitting or spuddering. Maybe it's time to bypass that thing like Chas suggested just to rule it out.
Fuel pressure is good. New pumps. New injectors. New filters.
Just seems to be electrical. What exactly does the ignition actuator do?
Todd