Finally got the problem diagnosed and licked. Changed the spark plugs. Poured a little gas into the front carb. The engine hit almost immediately but would not keep running. Then I decided to check for fuel at the carb inlets yet again. This time when I checked.....NOTHING....NADA.....ZILCH. The Fuel pressure regulator was the problem. I had installed it between the fuel pump and the carbs. It seemed to work fine at first but must have either been faulty or installed improperly.
So I removed the faulty regulator, and ran a direct line from the pump to the Tee fitting. Turned it over a couple of time to get fuel up to the carbs, pumped the gas a couple of times. It hit and turned over and kept running.
Anyway it now runs again and sounds great no smoke and no unusual sounds. I've got to adjust everything starting with the carb linkage. In its current configuration, its holding the throttle slightly open. I've also got to adjust the idle. Input from anyone who has run this setup would is greatly appreciated. Don Coatney if you're reading this I'll definitely need your help getting this thing dialed in properly.....as it seems to be idling too high. Next steps are to drop the tank and clean it out really well to make sure I don't have any problems, then run my fuel lines, and rebleed the brakes. Then I should be able to get the car off the jackstands. and start hanging sheet metal.
Will keep you posted.