So I started up my recently purchased '93 Four Winns (carb'd 5.0 OMC Cobra I/O (Ford 302)) for the first time today after replacing the plugs, wires, distributor cap and rotor (as well as changed the motor oil and gear lube), and it sounds to me like it's still missing when I give it some throttle.
I opened up the distributor and this is what I saw:

Now I haven't had much experience with distributors, but that I
think is an old, nasty looking distributor that has seen better days... and a crappy Accel ignition coil.
So I think it's time to get a new distributor and coil all together.
In doing some research I've found that it seems OEM distributors for this model engine are unavailable ("obsolete" on parts websites), so my only options are aftermarket. I can either go electronic (~$375 in all) or old-school points (~$300 in all).
I'm definitely leaning towards electronic; in particular, this distributor/coil:
http://www.aaamarine.com/servlet/the...rtronix/Detail and the necessary module for use with an OMC drive:
http://www.aaamarine.com/servlet/the...se-with/DetailThese products should cover all my bases and be completely plug and play.
Two questions:
1) Will this electronic distributor maintain any sort of timing alteration like the stock distributor?
2) Will upgrading to this electronic distributor make setting the timing more complicated/difficult? I was planning on having a mechanic do that, as I've never done anything timing related before, and don't really trust myself;
I just don't want for a mechanic to be unable to set the timing correctly (or turn away my business entirely) due to having aftermarket parts.
Any thoughts are appreciated.