I'm far from sure I'm looking in the right place - haha. Your tribulations sound more frustrating than mine. I had wondered about whether the modern electrics could fail, so your experience shows its possible. It will be an avenue to investigate further should things stop improving. At least with this forum, people have been helpful and pretty much kept me moving forward in spite of my bouts of ineptitude.
I found instructions for how to set up the optical pick up on the Chicagoland MG site. Once I moved the pick-up - a matter of a millimeter or two - the random quitting, lack of power under load, and backfiring stopped happening. The continued occasional miss as evidenced by periodic engine rocking and the uneven exhaust pulse seems less severe as well. I'll put it on my friend's exhaust sniffer next week and see if the readings are improved enough to get it on the road. After that, then the fun will really begin.