I'm going to drag this one back to life. I finally seem to have gotten this figured out.
First problem was the distributor. The point rubbing block had worn down and even though the dwell was on, the gap was only about .009. Also the distributor would not go down all the way on the intake. For some reason this caused some kind of bind and the mechanical advance would stick. I shimmed it and changed points.
Second issue was the fuel pump. Even though lots of mechanics told me they either work or they don't, I replaced it with another Delco and it runs great.
Now the only issue I have is the power valves. I had the 6.5s in, but I had a backfire and now I can turn the idle screws in all the way and it still runs, so I think at least that one is blown. Also, I put a vacuum gauge on it and I'm only getting about 9-10 inches. I'm running the Comp Cams xs 282s. Is that the normal vacuum that this cam runs? If so should I go to 4.5 power valves?