jeff0547,
That wiring thingy has been a bone of contention with me for quite a while because of the opportunity for "cross induction", in which the spark for one wire will cross to another wire running alongside it, thereby creating a miss. I've written about it here in the past, noting that is the reason why racing cars will always have wires crossing at 90 degrees (if at all), but very few of us have ever noticed that problem in actual practice. What I have done about it was to make sure the thingy on my '46 P-15 more-door (Pigiron) is painted glossy black because it looks best that way, and let it go at that. Should you ever develop an inexplicable miss, there's one of the first places to look, but if it you were writing about it keeping the car from starting you would have already had to put out the fire.
I'm surprised one of the wizened old farts here hasn't landed on you with both feet about your wiring in general because that's the first thing that will keep your car from starting, with a fire being optional. The wiring on our cars can be confusing from any angle, especially from under the dash with one leg over the back seat and another out a window and all your blood rushing to your already over-worked brain, but take heart in that it's actually a fairly simple system and only becomes intimidating when seen as a whole and not just one circuit at a time. You could just grab the worst wire you see and replace it, making sure to draw a simple diagram of from whence the wire came to whence it went, and learn what each wire does as you're doing it. Odds are it won't take long to find your problem but don't stop there because if you have bare wires showing they ain't a-gonna fix themselves. There are some good quality commercially made brand new wire looms out there, some can even be ordered with original cloth covering, and if you want to just get the job done correctly there are several members who have used them and had great success. I prefer to replace them myself but you won't be criticized however you do it, just so long as you eventually get 'er done.
One other place that's worth looking at, so long as you'll be disconnecting wires anyway, is the connection the wire makes. We run low voltage-high amp systems and corrosion will stop amps a lot faster than volts so anything other than a clean connection is a breeding ground for personal headache.
End of lecture; enjoy your car and become one with it. And send pictures because pictures are fun and pretty and easy for us to understand.
-Randy