Hi punisher and congrats on your purchase. Nice ride and colour, mine is the same with same hood.
Electricals can be frustrating specially on saturday night when you are ready to cruise.
It is a 39 years old car and if it still has the original harness it would be a bit tired by now.
I have found the main plug on your firewall can cause headaches. It is a double plug, carefully unplug it without breaking it and have a good look at the terminals. You will find corrosion on them i can bet you. Get some good quality terminal cleaner from your local electrical store or ask your electrician to lend you some. Spray liberally on the terminals, let it dry for a minute or so and firmly plug them back together again and it may just fix your problem.
MSD should have 12 volts supply without ballast resistor.
Is your dizzy electronic or points. If electronic you may have to replace your ignition module (the orange box on your firewall) they will to fail after a while.
See how you go....