Carb Issues
Being a '72 it may still have a points & condenser distributor type ignition system. There are a fair number of "gotchas" with 50 year old ignition components, and simply replacing them with some of the new crap out there today may make things worse, not better. If you don't want to make a career out of it I'd suggest installing a Pertronix Ignitor 1 point replacement module. Make sure the ignition timing advance operates correctly all the way up and down through the RPM range, and the vacuum advance diaphragm isn't blown.
Condensers need to be tested at their rated voltage, the coil will "ring" at about 300 volts so they need to be voltage rated even higher than that. So a real capacitor tester will apply say 600 volts DC. And they should be tested at their rated temperature. As in HOT. If you're thinking condensers are more complicated than you thought, you're right. Sorry to get off in the weeds, but this is the problem.
You could try NAPA, and ask for their top of the line (Echlin?) or maybe find a way to buy NOS Motorcraft from a dealer and maybe have them tested for "leakage" or insulation resistance. They still stocked both points and condensers recently. FleaBay is chock full of NOS, but I've gotten duds before.
I've messed around with modern epoxy dipped high voltage poly film capacitors. The Model T guys use similar to these and restuff the wooden box coils with good results. The problem with the NOS or older condensers is they tend to absorb moisture over the years. Even a known good spare condenser carried in the glovebox, should be tested now and then.
Sprague makes a line of high voltage polypropylene film caps, called "orange drops". They used to be made in U.S.A., probably not anymore. There's more to it in selecting one than just the voltage rating and capacitance, for ignition service. This is probably why the el-cheapos crap out right away, if they work at all.
Turns out building a reliable high voltage, high capacitance unit in such a small package is tougher than it looks, at least when they are sold by the pound.
Sprague 716P 0.22uF at 600 volts should hold up, ignition service is tough, though they aren't real expensive, maybe $4 or $5. I got one to fit inside a Ford distributor, but there's nothing that says they can't be used externally. The leads should be potted or somehow protected against vibration or they might break over time from work hardening. I checked it out in the distributor using an ignition oscilloscope and seemed to work well. I built up a spare distributor and keep a couple condensers in the glovebox but I figure an orange drop is practically waterproof and should have a lot better shelf life.
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