Howdy H555 and Son:
When you described your car as a Barracuda I thought we were going to be talking slant-wise. I had to check to see if I was on the wrong forum. Done that before too.
Congrats on your ride and project. It sounds like you're on the right track.
If I were in your shoes, I'd want to nail down the intermittant miss before I made any big changes. Most likely you have a mystery vacuum leak or a slight electrical booboo. Also check for good point spring tension.
Is the miss more noticeable at an idle? Transition?? Steady town speeds or highway speeds? IF you could be more exact with the symptons it would help in offering suggestion for resolving the miss.
As Fordconvert said, chaeck out the stickys at the top of this forum. It will tell you that your stock OEM Autolite 1100 with its Spark Control Valve (SCV) works in conjunction with the Load-O-Matic distributor. If you change one, the other will not work as designed.
The Load-O-Matic system was used from 1960 - '67. It was replaced in '68. Calif Emmissions engines are an exception to this. Is yours a Calif. Emmission engine? The '68 and later Distributors are a point type, but us centrifugal advance with a conventional vacuum advance system using a ported vacuum signal from the carb. The 1st small cap DuraSpark systems appeared in the '73 model year, and were replaced by the large cap DuraSpark II systems in the '75 model year.
Any of the '68 and later ignition systems can be used with any of the one barrels that have a ported vacuum source. While the "Calif Em" 1100s and the '68 & '69 no longer have the SCV and do have a ported vacuum tape, they were downsized to be more economical and leaner.
The 1st step upgrade is to find an Autolite 1101 from a '69 Mustang with a 250 engine and marry it to a '68 and later distributor with a Petronix Ignitor. This is a simple, bolt off - bolt on upgrade that maintains stock linkage, fuel lines and air cleaner and a stock appearance. Tuned properly and with a turbo type muffler, this combo will give you a nice performance upgrade.
The DS II and the HEI are a step up in performance and "set-and-forget" reliability, but move away from stock appearance and can add to the cost. They are compatible with the 1101 and any other carb with a ported vacuum source.
Some here prefer the Carter YF one barrels used on all small Ford sixes by 1970. They offer no increase in CFM ratings but may have an improved idle and transition circuit. Stock air cleaner, linkage, fuel lines are not a direct swap and must be adapted. The '70 and later carbs use a throttle cable rather then the stock type mechanical rods and levers. The farther you move away from stock the more adaptations and tuning will be needed to refine and optimize the combination.
All other carb upgrades will require either an adapter or modifications. The big two here are a Holley/Weber two stage two barrel or the wide base two barrels- a Holley 2300 or an Autolite 2100. Each has advantages and challenges.
Sorry to be sooo long, but the above IS the short answer. I hope that gets you started.
Enjoy the journey.
Adios, David