Tom I have thought about it but the problem is they dont make a electronic ignition coil like briggs does to replace the points... heres what you have to do....
You need to make a pick-up coil system like this illustrated below....

Heres the part list>>
Ford Modul-- OFF OF A-- 1977 Ford bronco V8 5.0 Liter 2BBL
http://www.partsamerica.com/ProductDetail.aspx?MfrCode=GPS&MfrPartNumber=EL107&PartType=194&PTSet=AThere are 2 diffrent crankshaft sensors you can use either one will work---
http://www.partsamerica.com/ProductDetail.aspx?MfrCode=GPS&MfrPartNumber=CSS105&PartType=762&PTSet=AFROM A 1999 CHRYSLER SEBRING JX V6 2.5 Liter FI
AND/OR
http://www.partsamerica.com/ProductDetail.aspx?MfrCode=GPS&MfrPartNumber=CSS38&PartType=762&PTSet=AIts from a-- 1996 DODGE RAM 1500 PICKUP 2WD V6 3.9 Liter FI
Bassically you have to make a disc with a steel hub out of a peice of aluminum and then drill and atap a hole for the trigger screw.... Once you get timiing down you can advance/retard timing with a simple move of the sensor....
Taylor