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If the points are, as I think, on the camshaft? Then swap the coil trigger wires over so that the "wrong" coil is connected and try that.
Can you drain the carb float bowls and leave them empty, then crank it with throttle open so that it can draw no fuel at all, then give it a mist of starter fluid to judge if you get any response.
Might sound daft but with that check that spark is on correct cylinder
Compression sounds OK for a cold motor, should test them when fully warmed up, maybe condensers, do a direct live to the coils to eliminate the rest of the electrics.
Don't leave the direct live permanently connected it will stuff the coils up.
Result. Bet that was a good feeling!!
Nice one, dont expect it to be fast though