peeeot (12/22/2021)
Regarding the possibility of a bad condenser: I have read that if the condenser is bad there will be significant arcing evident when the points open. In my case, if it is dark I can see a pinprick blue/white spark at the points when they open. I took that to be normal and indicative of a properly functioning capacitor. Does that sound right?
I've wondered about that, having noted a pretty strong spark at the points in testing. But, I've no long experience eyeballing point systems to make a comparison. It later dawned on me that the only way to actually see the points in this situation is with the distributor cap removed, so obviously there's no place else for the spark to go. If you've seen a few, then you'd know what is typical I guess.
Condensers (and ignition coils) are always tested at normal operating temperature. Hot. In the electronics world, a capacitor shorted to ground isn't unusual but I've been told this doesn't typically happen with ignition condensers, due to the high current involved, they tend to go "open" and probably intermittent, as they come up to temperature.
Shorter answer is ignition condensers need to be tested for insulation resistance at around 500 volts DC, the modern digital "capacitor checkers" simply can't do this. Defective condensers can be weeded out with these, but that's only part of the story. A healthy capacitor will charge up and hold high voltage for a very long time, at least a day or two. I noticed this in comparison testing some suitable high voltage modern poly film caps. My stable of NOS or junk box "pulls" appear to pass the high voltage leakage tests cold but they are no longer able to retain voltage for any length of time. In rainy weather or high humidity I bet it would cause trouble, also under severe service.
I don't ordinarily run points any longer but do have a spare points distributor setup w/ tested condenser and spares. This is a weak spot for the DIYer without access to the right test equipment. We tend to think of new ignition parts = good parts, and that isn't true, not with condensers, and we also tend to think of NOS parts = good parts, and that isn't necessarily true either, for different reasons. They are getting older and degrade just sitting on the shelf.