I don't want to start a fist-fight, but I'd like to post a mildly dissenting opinion.
I just installed a Pertronix electronic ignition module on my Imp and I think it's the best thing since sliced bread. It took less time to install than it takes to adjust the dwell on a set of mechanical points and I'm now finished fiddling with points and timing forever. In my experience, electronic ignition is *way* more reliable than mechanical points -- there's just no comparison.
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When it comes to full-blown computerization of many of a car's systems and controls I have to admit that I have a basic mistrust of all the high tech. We just replaced our 1998 Toyota Camry with a 2010 Toyota Venza and the level of complexity and computerization in the systems is daunting. But aside from the tire pressure monitoring system (don't get me started...) the systems seem pretty well thought out, the features are really nice, and the electronics have been quite reliable. Obviously I haven't owned this particular car that long, but I've never had an electronics module go south on me in any of the vehicles I've owned. The stuff just works.
In snowcat-land maybe the systems and designs are fiddlier due to the lower product volume -- the designers don't have the resources or time to work out all the bugs. I have zero experience with the newer cats or their computerized systems, so I can't say whether or not they're sufficiently reliable. But when it comes to driving my 40 year old Imp through the snowy wastelands of the Washington Cascades, I think I'm better off with electronic ignition and no moving parts than the mechanical points that it originally came with.
Ron