An Update:
I popped off the distributor cap this morning just to check things out and found that the small braided wire attached to the inside of the distributor is down to a single strand!
It doesn't look to be easily replaced. Any suggestions on how to proceed? I don't even know what it does, but it appears to be a ground wire (it's tied to the wall of the distributor).
Source of my poor running condition perhaps?


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