You guys have provided excellent suggestions for my further exploration. As I work on weekends (OSV.org) I'll have to wait 'til Monday to get back to my idle investigation. Really appreciate the detailed diagnoses and paths to pursue.
To answer a few questions:
I'm a little confused, since yesterday you posted that it didn't vary much above 1000 rpm, but today it does. Is that right ? Before setting the timing, I'd back out the idle (throttle) screws all the way, but still have idle at around 1500. I could watch the idle slowly change from 1500 to 1200 to 2000 and back down to 1500, but never slower, and the engine would never die. After first setting the timing yesterday, I started the engine and it began idling around 500, then got slower (never faster) and stopped. I restarted, screwed in the throttle screw to raise the idle to around 800, then watched it slowly drop from 800 to 600 to 400, then die. Again, never got faster, only slower. So I raised the idle to 1000 and it varies slightly between 1000 and 1500 (up and down), but never drops below 1000 and engine never dies.
What does the timing mark do while the idle rpm is varying ? I've read to do only static timing, so I've never tried watching the timing mark with a strobe. (sorry - I'm assuming you're asking about the mark under a strobe)
What work was done on the car before the high, varying idle developed ? I received the car back in February; the high (+/-1500) varying idle existed back then up until I set the timing yesterday. I don't know what work was done prior to my receipt of the car; however, I do know that just before the previous owner sent it to me, he had re-connected the choke cable and choke linkage. Edit: Best I recall, he told me the idle as too fast for the years he owned it, and his mechanic was unable to lower the idle speed.
Carburetor: Lucas 25D, part #40897A. Sounds like a very late 25D.
After setting the timing, it's difficult to start hot, and diesels at shutdown. Prior to timing work it started both cold (with full choke) and hot (no choke) at the absolute first crankover. Never dieseled. I had replaced carb jet seals about two months ago to get the choke to work; at that same time I set and balanced the two H6s. Idle was still around 1500rpm with the throttle screws fully out.
Fuel pump pressure/volume: haven't checked that.
Interesting to consider that the engine seemed to run beautifully *except for that high idle* before I set the timing. I decided to set the timing following a suggestion that incorrect timing can often result in faster than normal warm idle.
When I started the timing work yesterday, I found that the A/R vernier was fully retarded; knob wouldn't turn any further toward "R". While twisting the dist to try to turn off the test light, the copper vacuum line broke at the dist vacuum unit, so I had to cut and refit the line through the compression fitting to the dist.
One footnote: remember that when I tried to set timing with the plug#1 to coil light, the only way I could get it set was by holding the rotor against the spring. Trying to set the timing by the "CCW - CW - light on/off" method was impossible without manually twisting that rotor shaft.
Thanks all.
Tom