I'm back with more questions.
So the replaced ignitor II also failed! Bummer. I contacted the mfgr and spoke with them. They kindly replaced the kit. From speaking with the rep, I "think" I have located the issue that caused the failures. The plate within the distributor needs to be grounded via a wire, which was there. I have check for continuity between the plate and the engine. It was there and then it was not. There was a lot of "gunk" build up on the block as well as where the clamp for the distributor is located. This, I was informed is how the distributor is grounded to the engine. I have cleaned the area up and put a wire wheel to the mount location as well as the locking clamp and now have a consistent ground contact. Ran the other tests and it fired up.
So, the one thing I have been unable to determine is on the power line from the keyed switch to the coil. I traced it and it looks fine, however it is the original wire.
Can anyone clarify if a 1971 1202B had a resistance wire or not?
If it did, I'll just run a separate wire from the keyed source to the coil.
I have purchase a spare set of points and condenser just in case...
As always, thanks for any and all advise...
rockaukum