RVI tachs do not wire like modern, voltage sensing tachs. They are current sensing and are installed in series with current passing through the coil.
You are correct that the case goes to chassis ground. The second spade lug should be for switched power. I assume what you are calling barrel connectors are the regular Lucas bullet type connectors. These form an induction loop.
To wire the tach you supply power to the spade lugs as mentioned. The two bullet connectors are inserted in series to the coil power. You can either go 1) from the ignition switch, to the tach, from the tach to the coil (high side)... or 2) you can go from the coil (low side), to the tach, from the tach to the distributor. Current flowing through that wire creates an pulse inside the tachomter. If the reading is erratic, switch which bullet connector is high and which is low.
If you've outfitted an electronic ignition to your car... by all means try the RVI. However, if it doesn't work with your electronic ignition (a hit or miss proposition) then I wouldn't expend the effort trying to make it work. It will cost more money and effort than it is worth.