I believe you will find that the optimum
mechanical advance limit for a pretty much unmodifed y-block is going to be around the 36°-38° mentioned earlier. More efficient higher compression engines will use less - less efficient engines might use more. This value applies to an engine under load - high throttle opening, low to no vacuum - passing uphill etc. That is the
maximum we are talking about - the upper advance limit when the engine is heavily loaded. Even a "gas economy" rig has occasions where full power has to be available - without injuring the mechanical parts.
The "early" advance curves we have described are used to take advantage of the additional torque available - low in the rpm band - when the spark advance is optimized toward building maximum cylinder pressure. It takes about one millisecond to light the fire - as the revs go up the spark initiation point has to get further and further ahead - but you are also moving toward less and less compression of the mixture (away from top dead center on the front end, the piston is rising up the bore). A limit is reached where "enough is enough" - and you can't get any more torque advantage out of the quicker spark curve. The old "Y" cylinder head combustion chamber design is not the best - flame travel isn't like a GM "fastburn" by any means - its 50 year old technology.
This low end torque advantage - you will feel it in the seat of your pants - and it could very well increase your fuel economy because the engine will accelerate the vehicle without as much throttle opening. Thunderbirds like mine are pre-programed from the factory to take off in second gear of the Ford-O-Matic (low is basically a manual selection in ordinary driving). Your two speed might have a better low than I've got - in second. One of these T-birds in poor tune stumbles away from a traffic light trying to transition from idle under heavy load - it's tuned right "or else". When I changed from the "Load-O-Matic" to a '59 distributor (using a manifold vacuum source) - it was like taking 500 pounds out of the trunk. Uses way less fuel too.
Vacuum advance has the effect of leaning out the engine when vacuum is high - low load, slight throttle opening - no call for power. Even in this state - there is a limit to how effective additional advance might be. If the engine has been fitted with a more optimal mechanical advance curve (a higher number of degrees at a slower speed) then less vacuum advance is permissible - to keep the total within bounds. This leaning effect gives better economy - and when the throttle opens a little or a lot you are going back down toward the mechanical limit. About the only way you can get the maximum total spark advance in most vehicles - everything summed (initial+centrifugal+vacuum) - is a high speed downhill in the mountains - with the throttle closed - using the engine as brake torque. You aren't making power in that case - you are using it.
Hope this helps out a bit with the "logic" of the systems as they are applied to our street engines.
Steve Metzger Tucson, Arizona