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Sounds like a good mechanic, and I'm not being sarcastic. It is good that he asks these questions and does not make assumptions.
Cylinder numbering.
So we are on the same page, the water pump is the front, the flywheel is the back, the distributor is the right, the oil pump is the left.
On the right bank, numbered from front to back, 1, 2, 3, 4
On the left bank, numbered from front to back, 5, 6, 7, 8.
Firing order 1-5-4-8-6-3-7-2
The distributor cap probably has a 1 near one of the terminals and that is where #1 should be. From there, follow the firing order, counterclockwise.
I don't remember the tune up specs, but I believe that is typical of any points equipped v8.
For stock cams, valve clearance, .019". About 1/4 turn of the adjuster screw loose from 0 clearance will get you real close.
Recently I relayed a little formula provided by Ted Eaton on flywheel weight. Said a rule of thumb is 1 lb flywheel per 10 lbs. vehicular weight. Left out the second zero .
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