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I don't see how an ignition overhaul will give a boost in low rpm power.
If you want a nice ignition system and you arn't afraid to spend money, then get a complete MSD system (dizzy, 6AL, coil etc.) assuming that they offer this for the 300.
For low end power I would be more concerned about exhuast, cam and gearing. After that, I would look at a stroker motor.
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