In terms of my particular project, I was also highly suspicious that my "standard" dizzy was in need of a major overhaul and recalibration. For not a lot of extra $ I decided to move to the HEI.
For me I enjoy mixing snippets of modern stuff to the car to make it work better for me and what I want from it. These items include, radial tires, widened rims, 12V electrics, electric wipers, Ford diff, modern driveshaft, indicators, remote brake fluid reservoir, volt meter, alternator, alternator warning light and now HEI dizzy.
In terms of better performance the HEI gave me that, but I do also recognise that an overhauled/calibrated standard dizzy could/would also have provided the same improvement. I guess for the future I am banking on the electronics in the HEI being less on going maintenance and a more stable ignition platform than the old points/condenser system.
I may be different from others in that I have a lot of other demands on my time and with my two old cars I am looking to use modern items to shave just a bit of time off my ongoing maintenance requirements.
Fastback
NZ