poor performance
unfortunately poor performance can be caused by several things and you hit on two of them, the carburetor might need to be adjusted/rebuilt. Bad fuel, ignition timing off, not enough juice from coil, and a worn out motor. Not knowing the condition of the motor or its history I would say to start with color of spark plugs to rich/lean/ covered in oil. check/set timing. fresh gas. spray your vacuum lines with carb cleaner to check for vacuum leaks, spray base of carb for leaks as well. How many miles on motor? is this a recent thing? happen when you did ignition upgrade? let us know so we can help 
This make me think it's timing.no real power,sometimes backfires
with mtnwhlr. The backfiring is the biggest 'tell' here. When was the last time you ck'd the timing with a timing light? It's real easy to bump/move the dizzy when work'n in that area. BTDT.Ordered rebuilt motorcraft 2100. Could not get carb to work
let us know how it goes 
my 304 idles fair,revs okay in first gear,when i get into 2nd,or 3rd,no real power,sometimes backfires,not sure if vacum tubing is correct,everthing is stock,did upgrade to v8 cap adaptor,gm hei module


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