Tim, it looks like you’re off to a good start.
I can’t imagine why that coil would need any support,
being it’s suspended on a sturdy laminate, and it
appears that it’s not going to slide around either.
Not to worry too much about the capacitors… the real high quality ones are +/- 10 % on rating, I would guess that the run-of – mill caps that are used on our motors are more like +/- 20%
I guess I’d check the simple things first.
Are the points accidently grounded?
Condenser bad?
Are both sparkplugs grounded when checking spark?
Points opening okay and gapped correctly?
I have experienced this when doing these
coil substations as have others.
With the spark plugs out and both plug wires
grounded to the motor, Spin the motor over with
a drill or pull the motor over as fast as you can
about a dozen times with both plugs grounded and
watch for the spark. I don’t under stand it and
cant guarantee this will help but it has worked for
me. Here are some of replies from others who gave
it a try.
Tubs. .
In the above post it should say – with both
spark plugs grounded to the motor – not plug wires
grounded to the motor – however that still may work.
Tubs
In addition to the things Buccaneer listed I would disconnect the kill switch and add insulating tape to protect against arcing from soldered coil connections to flywheel.For comparison here is a pic of my mag plate.This set up has been run successfully many times and produces a spark that will jump more than 1/4”when pulled by hand.