I
believe (this knowledge coming from when I was researching the same subject for 2 stroke motorbike engines) that along as you're within the realms of normal for a cars condenser, that if the condensers capacitance is either too big you'll see pitting on one side of the points and material transferred onto the other, and if the capacitance is too small you'd see the same thing but the pitting will be on the opposite side of the points.
Ah-ha, just googled about it while typing this and found this site which I think I came across before, with some good condenser theory:
Most of the work we do involves magnetos as fitted to Veteran, Vintage and Classic machines. This includes all types of Stationary Engines, Tractors, Boats, Motorcycles and Cars ranging from the most simple generator sets through to exotic racing machinery. Customers include individual owners...
www.themagnetoguys.co.uk
And interesting that they are reccomending an actual capacitor as a replacement for the condenser. After all the condenser is just an old-fashioned capacitor...