What the "go to" in the day was, well how I did it a few times and pretty sure others did too ... I fitted a second set of points and a second coil, not wasted spark, but definitely a performance upgrade.
500 distributor is easy, it has a screwed in base that mounts the points, so I just got another, cut it appropriately, and positioned another set of points 180 degrees around from the original, two condensors, two points, two coils... that's how you increase the dwell time, oh and you have to grind one of the distributor cam lobes away so there was only one... doubled the dwell and coil saturation time,
I'm sure these days with a 3D printer you could print out a base with two point mounts very easily with CAD software, I did it the cave man way of cut/weld/grind, got it pretty close the few times I did it, but was never exactly 180, was always 179.5 or 180.5 degrees around, but it worked well, required a dwell meter to set the points as they really need to be close to the same gap to get the same dwell
that was the old fashioned way to do it... formula one cars in the 60's still had distributors with points, but they had lots of them, before the days of electronic or even CDI ignitions...
I grew up around an engine that was a V8, had 16 valves and 16 spark plugs. 4 camshafts, two distributors (one driven off each bank of the V) each distributor had four points (so dual points per coil) and two coils. To ensure a spark every cycle at high revs, the engine ran two distributors, four coils, 8 sets of points and 16 spark plugs.
It took quite a while to set the ignition up "just right" ... that had mechanical fuel injection too, so the injection needed timing to get the engine to really be "on song"... and my Dad was the guy that had the "ear" to set these up, sounded glorious at 9000 rpm.
bonus points if you can guess
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SteveC