[RichardJ]

>>I pulled the + wire off the coil - with the switch to "run" I had 12+ volts.<<
As you should. You should get this same voltage with the + wire connected, but only when the points happen to be "OPEN".

Earlier you said, >>I have 4.8 volts from the coil positive to ground with the key in "run".<< Obviously when you read the 4.8V, the points happened to be closed.


>>Now I turn the key and I get I very short burst of power and then nothing.<<

POWER??????

>>I have super low voltage at the + wire to my coil when it's disconnected from the coil.<<

What super low voltage? Earlier you said you had 12+ volts.


>>Can't be the points or condensor, can it? <<

You stand a better chance of having a BAD, NEW Chinese made condenser, than having a GOOD 30 year old condenser.

Did you check the dwell when you installed your new points and then check the timing afterward?