Made some progress today. She is sounding much better! Gizmo was right, one of the tappets was way off. Idiots had stripped the bolt holding the eccentric thingy to adjust...so it was loose as anything. Ontop of that, we found that one of the cylinders wasn't firing at all. Corrected all the gaps and plugged up a few vacuum problems, she will now start first time but idle very high. The reason for the high idle is the air slide valve is not connected. Still trying to find a picture of an engine like mine that hasn't been messed with so i can see how certain things are connected.
The two rockers circled in red are also way to far to the right, and that HT lead with the white electrical tape was not working at all.
Two videos. No more weird milky stuff coming out the exhaust either.
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EDITED by FR: cause I like youtube embeded
