Sway bar links can be a pain... I am not sure how they make them line up so poorly in everything. Yes, I am luck enough to have a hoist and place a jack under the a frame until it lines up as well as possible. Be careful jacking a car on jacks or hoists!
The roll pin in the distributor should come out easily enough. I support the gear on a slightly open vise and use a straight punch, not a tapered one or the proper size.
There is nothing wrong with a points distributor. Like any distributor make sure there is no play in the shaft.
Good luck
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