Um, did you actually check the cam timing, or did you just get a new timing set and assume that it's right? Also keep in mind that it is a B303, so it's not going to have a smooth idle no matter what you do.
Other than that I'd check TPS voltage and make sure all plugs are firing. No check engine light?
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Capri306, Moderator
The Mustang Works Online
1979 Mercury Capri
1987 5.0L Mustang LX Notchback
1993 5.8L Eddie Bauer Bronco
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