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The only problem I am gonna have giong to the 'new' sealed distributor is the shielding wire, not the shield itself (you can get that from acme or parts express), the wire has to be noble and has to be woven to avoid allowing a coherent emf - where to get that stuff I need to look up.
for now I am gonna use a blown TFI that has the pwr, pip and gnd passthrus and make a new harness for it and mount the new remote.
I found a few websites of people that did this for mustangs and they gut bad TFIs to plug into the pip sensor and make a cable but I dont think I have seen one that shields it - the pip and gnd should be in the shield and connected to an ECU pin that handles the discharge.
I cant see your diagram here at work (but I can at home) but doesnt it say/imply that the shield is electrically connected to the dist AND the ECU?
No it does not. And if you do engines have been known not to start.
The Ignition ground source is the distributor and shield ground source is the PCM Computer.