Re: dwell problems
Normally, you have the red of the meter to the neg of the coil and black lead to ground and that's it. Have no idea what you are doing with the center post.
How can you have the engine run and measure dwell if you are doing that ground to the center post?
EDIT: Now I think I know what you were doing. You were just cranking the engine with the cap off to set the points. That is fine. Once you set the dwell close that way, put the cap back on and start the engine and confirm that the dwell is the correct amount. if it isn't, take the cap back off and readjust the points. Sometimes it take a couple tries to get it right where you want it.
Once you get the engine running and th dwell is correct, rev the engine and observe the dwell. If it varies much at all, this means your distributor bushing is worn.
After you are all done with the dwell, check your timing as changing the dwell changes the timing.