I thought I would update, the Valiant has been mostly reliable till the other day and I had no spark again....very irritating! This damn electronic ignition is a PITA! All my previous Valiant'd have had points and never had ignition issues.
Anyhow, we going to run a small relay to bypass the ballast resistor during cranking, so that should solve the low voltage issues during cranking.
Next thing we have to fix, is the carb, it has gotten so bad, that after sitting for 10 min or so, it is completely flooded. My dad ordered a rebuild kit from a company in FL that claims these kits are designed for E10 gas.
The Radiator has to pinhole leaks, very small and actually not leaking at the moment, but I will have a radiator shop reseal it.
One last thing, I have a slight rattle/clunk coming from the right front and I cant seem to figure out where it is coming from. I jacked up the front and checked the ball joint and control arm bushings, all seems tight. This only happens on slight road imperfections, like cracks and such. normal bumps do not cause any issues.
We should have all this wrapped up in the next few weeks, after all, Spring Fling is around the corner!